Why is Bitcoin crashing below $90,000? Inside the biggest crypto selloff, Trump’s trade tariffs, and a $1.5 billion hack
- Posted on February 25, 2025
- By Business News Today
- 4 Views
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Why is Bitcoin crashing below $90,000? Inside the biggest crypto selloff, Trump’s trade tariffs, and a $1.5 billion hack
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Bitcoin has fallen below $90,000, marking its lowest point since mid-November, as a massive crypto selloff shakes the market. The drop follows Donald Trumps trade tariffs, rising ETF outflows, and a $1.5 billion hack at Bybit. Major cryptocurrencies like Ether, XRP, and Solana are also down sharply. Over $1.34 billion in bullish positions were liquidated, while investors pulled $956 million from Bitcoin ETFs in February. The Trump token has collapsed over 80%, adding to the uncertainty. With market volatility rising, investors are closely watching the next move for Bitcoin and crypto.