Bitcoin has fallen below $90,000, and a sense of fear prevails.

Sharp Decline in Bitcoin

Bitcoin has fallen below the 90,000 dollars level, erasing its gains for 2025. This marks a significant reversal from the recent peak it experienced.

Effect of 'Death Cross' and Other Cryptocurrencies

The decline was exacerbated by a technical indicator known as 'death cross.' Additionally, the halt of ETF inflows due to inflation concerns further worsened the situation. Ethereum, Solana, and other major cryptocurrencies also experienced significant losses as they followed Bitcoin's decline.