Bitcoin Fell Below 90,000 Dollars, Crypto Markets Shaken

Downward Trend Continues in Crypto Markets

Bitcoin has retraced to around $90,000 levels, failing to maintain its early week surge. The cryptocurrency markets continue to lose value despite the interest rate cuts made by the Federal Reserve.

Additionally, reports indicate that over $514 million in leveraged positions have been liquidated in the markets. This situation has caused major tokens, especially Ethereum and Solana, to also lose value.

Analysts Share Their Expectations

Experts state that Bitcoin must break above the $94,000 level to signal a strong recovery. Due to the current macroeconomic conditions and liquidity issues, concern prevails among investors.