Bitcoin Slips Below $93K as Crypto Weakness Worsens, but Local Bottom Could Be Near, Analysts Say
Bitcoin (BTC) slumped to a fresh six-month low on Monday, extending its multi-week retreat as crypto sentiment continued to deteriorate.
After a slight rebound from overnight lows, BTC — in what’s become a familiar pattern — resumed its decline in the U.S. session, falling to $92,500, down 2.4% through the past 24 hours and nearly 13% over the past week. The largest crypto now has erased all its 2025 gains and declined 27% from its record high a little more than a month ago. Ether (ETH) hovered above $3,000, off 2% in the past 24 hours and 15% over the past week.
The bearish sentiment spilled into crypto-related equities with Coinbase (COIN), Circle (CRCL), Gemini (GEMI) and Galaxy (GLXY) tumbling around 7%. Digital…
