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Bitcoin Stabilises After Brief Fall Below the $90,000 Mark
Bitcoin rebounded after falling below $90,000, helped by long-term buying even as market sentiment remained fragile amid tightening liquidity trends.
Bitcoin recovered modestly after dropping below the $90,000 threshold, a level not breached for nearly seven months. Market analysts observed that long-term holders accumulated during the dip, tempering steeper declines despite cautious global risk sentiment. The broader crypto market still reflects fragility due to rate expectations, declining liquidity, and sharp fluctuations in leveraged positions.
Traders remain attentive to upcoming macro data that could influence volatility across major digital assets in the near term.