BTC Back to $90K as Bounce Fails for Now
Not waiting until what’s become its customary plunge time of Sunday evening, bitcoin is getting an early start to the weekend this holiday season, continuing an overnight tumble and slipping back to $90,000 in early U.S. trading hours.
The move reverses much of the bounce from last Sunday night’s panicky drop that pushed bitcoin all the way back to $84,000.
Ethereum’s ether is 2% lower in concert with BTC, while other leading altcoins such as Solana , , and are down more than 4% each.
The action could reinforce prior analyst forecasts that instead of a rapid rebound there’s more consolidation is ahead towards the year-end for the crypto market.
Crypto-related equities as…
