Bitcoin Price Slumps 6% In Two Days, Falls Below $90,000

Bitcoin price fell sharply over the past 36 hours, sliding more than 5% over that time and briefly dipping below $90,000 early Tuesday as macroeconomic uncertainty and renewed scrutiny of corporate bitcoin treasuries weighed on the market.

The world’s largest cryptocurrency was trading near $95,500 on Sunday night but fell to around $89,800 by Tuesday morning, extending losses that began with a violent sell-off late Saturday and into Sunday evening and Monday morning.

The move erased nearly $5,700 from bitcoin’s price in less than two days, according to Bitcoin Magazine Pro data.

The initial leg lower came Sunday night, when the bitcoin price plunged nearly $4,000 in a…

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