Crypto Sector Lit Up Bright Red as Bitcoin Slips Back to $90K
Not waiting until what’s become its customary plunge time of Sunday evening, bitcoin (BTC) 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 (ETH) is 2% lower in concert with BTC, while other leading altcoins such as Solana (SOL), Cardano (ADA), dogecoin (DOGE) and Hyperliquid (HYPE) 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…
