Bitcoin Price Drops Below $88K as Market Rally Falters, Nasdaq Futures Decline

Bitcoin (BTC) has surrendered its early-session gains, falling below the $88,000 threshold. The reversal coincides with a downturn in Nasdaq futures, signaling a potential cooling of risk appetite among investors. The leading cryptocurrency, which had been testing higher levels, now faces renewed selling pressure. This movement highlights Bitcoin's continued correlation with traditional tech-heavy equity indices during periods of market uncertainty. Analysts are monitoring key support levels as the broader digital asset market adjusts to the shifting macro sentiment.