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For the first time in seven months: Bitcoin fell below $90,000

- 18 November, 10:17

Bitcoin fell below $90,000 for the first time in seven months, another sign of worsening sentiment in financial markets, Reuters writes.

Investors began to avoid risky assets, and the cryptocurrency sank significantly: it completely lost its 2025 growth and fell by almost 30% from its October high of over $125,000.

Analysts attribute the decline to a mix of factors: uncertainty about future rate cuts in the US, a general cooling in global markets after a long growth phase, and large-scale sell-offs by companies and institutional investors who had previously been actively buying crypto assets.

Along with Bitcoin, shares of crypto-related companies, such as MicroStrategy, Riot Platforms, Mara Holdings, and Coinbase, are also falling. Ether, which is down nearly 40% from its August peak and is trading around $2,997, is also falling.

Experts say that if the market continues to fluctuate greatly, Bitcoin could fall to the next important mark – $75,000.