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Bitcoin retreats as crypto market faces renewed volatility
Bitcoin slipped under $90,000 amid profit booking and global risk aversion, though analysts say institutional interest and long term adoption trends remain structurally supportive.
Bitcoin fell below the $90,000 mark as profit booking and broader risk aversion weighed on crypto markets. Traders reacted to tightening global liquidity conditions and cautious signals from central banks. Analysts said leveraged positions unwound rapidly, increasing short term volatility. Despite the dip, long term holders remain largely intact, with institutional interest still supporting the broader adoption narratives across major digital assets.