Bitcoin Falls Below $90,000 as Global Market Selloff Intensifies
Bitcoin slid below the $90,000 mark on Tuesday, touching its lowest level in more than a week, as a deepening global market selloff weighed on risk assets amid rising geopolitical tensions.
The world’s largest cryptocurrency fell for the first time since Jan. 9, extending losses that have mirrored declines across equities, bonds and other digital assets. The move came as investors reduced exposure to riskier investments, seeking safety amid heightened uncertainty in global markets.
The broader selloff has been driven by a combination of geopolitical concerns and macroeconomic pressures, including renewed trade tensions and volatility in government bond markets. Rising yields and fears of prolonged monetary tightening have dampened investor appetite for speculative assets, with cryptocurrencies among the hardest hit.
Bitcoin’s drop below $90,000 — a key psychological and technical level — also dragged down the wider crypto market. Ether, Solana and other major tokens posted sharper declines, while shares of crypto-related companies also came under pressure.
Analysts said the latest move highlights Bitcoin’s continued sensitivity to global risk sentiment, challenging its perception as a safe-haven asset during periods of market stress. While long-term investors remain active, short-term traders are bracing for further volatility as geopolitical and macroeconomic risks persist.
Market participants will be watching closely to see whether Bitcoin can reclaim the $90,000 level or whether the ongoing risk-off mood pushes prices toward lower support levels in the days ahead.
