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Bitcoin falls below $90,000, down nearly 10% in two days

Why crypto stocks are fallingThe downturn in crypto came alongside heavy losses in broader financial markets after US President Donald Trump unsettled investors by challenging long-standing geopolitical norms, including remarks asserting US dominance in the Western hemisphere and pledging to take control of Greenland. These comments strained transatlantic relations and added to market unease. Japanese bonds also sold off sharply amid growing worries over the country’s fiscal outlook.

Smaller cryptocurrencies suffered greater losses

Smaller cryptocurrencies suffered greater losses

Credit: Hindustantimes

Key Highlights

  • Why crypto stocks are fallingThe downturn in crypto came alongside heavy losses in broader financial markets after US President Donald Trump unsettled investors by challenging long-standing geopolitical norms, including remarks asserting US dominance in the Western hemisphere and pledging to take control of Greenland.
  • These comments strained transatlantic relations and added to market unease.
  • Japanese bonds also sold off sharply amid growing worries over the country’s fiscal outlook.
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Sources

  1. Bitcoin falls below $90,000, down nearly 10% in two days

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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