Bitcoin price slips below $90,000 as ETF outflows and tariff jitters keep traders cautious
Bitcoin fell 0.7% to $89,930 Wednesday, staying below $90,000 after dipping to $87,897 as risk aversion hit markets. U.S. spot bitcoin ETFs saw $479.7 million in net outflows on Jan. 20, with withdrawals from BlackRock, Fidelity, and Grayscale funds. Ether dropped 1.3% to $2,990. Gold surged above $4,800 an ounce as investors sought safe havens amid renewed tariff threats from President Trump.