Bitcoin Slides Toward $90K Amid Crypto Market Sell-Off
Bitcoin has dropped to a low of $91,215, marking a more than 3% decline against the dollar, as the broader crypto market contracts by 2.5%.
The total value of the crypto economy is now at $3.22 trillion, with bitcoin’s value falling 5.5% over the past week. Solana (SOL) has suffered the most, dropping 6.8%. Tether (USDT) continues to dominate trading volumes, as bitcoin’s trading volume hit $61.42 billion, fueled by selling pressure. Bitcoin is also trading at a premium in South Korea, where it reaches $95,301, amid a broader market downturn and liquidation news.
Clever Robot News Desk 11th January 2025