Update Feb. 25, 11:10 am UTC: This article has been updated to include quotes from Nexo analyst lliya Kalchev.
Bitcoin dropped below the $90,000 mark for the first time since November 2024, raising concerns among analysts about further declines amid ongoing sell-offs in US spot Bitcoin exchange-traded funds (ETFs)
Bitcoin (BTC A $88194.00) fell to $87,629 on Feb. 25, an over three-month low not seen since Nov.
Bitcoin fell below $90,000 for the first time since November 2024 as ETF outflows continued, crypto liquidations surpassed $1.3 billion and US-China trade tensions weighed on investor sentiment.
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