Bitcoin Price Drops Below $90,000 as Global Market Sell-Off Intensifies

The price of Bitcoin (BTC) has experienced a sharp decline, falling below the critical $90,000 threshold. This downward movement coincides with a broader sell-off in global risk assets, including major stock indices and commodities. Market analysts attribute the volatility to shifting macroeconomic indicators and heightened investor caution. The drop below this key psychological level is being closely monitored by traders for potential support zones and future market direction. The current market sentiment suggests a period of correction as the cryptocurrency market reacts to external financial pressures.