Bitcoin Drops Below $90,000 For The First Time Since April
Topline
Bitcoin late on Monday dropped below $90,000 for the first time since April, as the world’s most valuable cryptocurrency continued to be hit by a selloff that has cratered its price by 16% in the past month, with traders predicting it could drop as low as $80,000.
Bitcoin fell below $90,000 for the first time since in seven month as the crypto selloff continued.
Hans Lucas/AFP via Getty Images
Key Facts
Bitcoin’s price dropped as low as $89,426 late on Monday night and continued to hover just below the $90,000, down more than 5.3% in the past 24 hours.
The continued slide means Bitcoin has wiped out all its gains since the start of 2025.
Bitcoin’s last major slump below the $90,000 mark occurred in April—when it bottomed out just…
