Today, Bitcoin has fallen below $90,000, hitting a new seven-month low for the cryptocurrency. The decline has now erased the cryptocurrency’s gains for 2025.
This morning, Bitcoin dropped as much as 2.8%, after its decline from an all-time high of over $126,000 set in early October.
The last time Bitcoin traded below $90,000 was in April when the currency fell to $74,400.
Today’s new low occurs amid growing economic challenges, including renewed worries about interest-rate policy and inflated valuations across risky markets.
Ethereum also experienced a sharp decline in the last 24 hours, dropping below $3,000.
Bitcoin has fallen about 25% since its peak in October, indicating a deepening bear market.
Despite the fall, long-term investors argue that bitcoin continues to serve as a hedge against currency debasement, inflation, and long-term monetary expansion.
By CEO NA Editorial Staff
