Bitcoin plunges below $88,000 as risk-off sentiment grips crypto markets

Bitcoin slipped below $88,000 and Ethereum under $2,900 amid global risk-off, fuelling fresh crypto volatility.

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Bitcoin plunges below $88,000 as risk-off sentiment grips crypto markets

Bitcoin plunges below $88,000 as risk-off sentiment grips crypto markets
Bitcoin dropped as much as 5 percent to under $88,000 in early Asia trading, while Ethereum fell more than 6 percent to below $2,900. The sell-off was triggered by renewed global risk off sentiment and concerns over upcoming macroeconomic data. Crypto market watchers cautioned that volatility may persist, though underlying network activity remained stable.
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  • bitcoin
  • ethereum