NEW YORK (AP) — Bitcoin briefly fell below $90,000 overnight as investors sell once high-flying ******* ets like cryptocurrencies and artificial intelligence stocks.
Bitcoin fell to around $89,500 early Tuesday, its first drop below $90,000 since April. The world’s most popular cryptocurrency had jumped near $125,000 in early October, driven in part by enthusiasm about a pro-crypto administration in Washington.
At around 10 a.m. ET, bitcoin traded around $91,500, according to CoinDesk.
Companies tied to crypto have been caught in the downturn. Shares of Robinhood Markets, which have tripled
Bitcoin fell to around $89,500 early Tuesday, its first drop below $90,000 since April. The world’s most popular cryptocurrency had jumped near $125,000 in early October, driven in part by enthusiasm about a pro-crypto administration in Washington.
At around 10 a.m. ET, bitcoin traded around $91,500, according to CoinDesk.
Companies tied to crypto have been caught in the downturn. Shares of Robinhood Markets, which have tripled
1 month ago
