Bitcoin price breaks below $90,000 as global selloff hits crypto and traders eye the next floor
Bitcoin fell below $90,000 in Singapore trading Wednesday, reaching $88,894, its lowest since January 9. The drop followed sharp selloffs in stocks and government bonds as investors reduced risk exposure. Ether slid over 7%, Solana dropped 5.3%, and Coinbase shares lost 5.6%. Trading volume in bitcoin rose 14% during the decline.