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Bitcoin dips below $90,000 amid broader tech sell-off and risk-off sentiment
Bitcoin falls below $90,000 as tech sell-off and rising rates hit speculative assets.
Bitcoin dropped below the $90,000 mark . The slump is driven by investor concerns over inflated tech valuations, rising interest rate fears and weaker appetite for speculative assets.
Over six weeks the global cryptocurrency market has lost more than $1.2 trillion in value.