$1 trillion gone in 6 weeks! Is this the big crypto crash everyone feared? Bitcoin dives below $90K
As the total cryptocurrency market capitalisation has wiped off $1.2 trillion of investor wealth in just six weeks, Bitcoin has plunged below the $90,000 mark for the first time in seven months, erasing all of its 2025 gains and rattling sentiment across the digital asset ecosystem.
The world’s largest cryptocurrency extended its month-long decline on Tuesday, falling nearly 2% to around $89,953 in Asian trading, after collapsing through key technical support at $98,000 last week. The drop marks a 30% slide from October’s record highs above $126,000, deepening fears that the market’s post-halving euphoria is giving way to a broad-based correction.
Analysts point to a mix of factors driving the sell-off from waning hopes of U.S….
