Bitcoin falls below $ 90,000 for the first time in more than a month | Cryptoactive

by Andrea
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It has been a complicated beginning of the year for crypts. In recent weeks, the uncertainty about Donald Trump’s tariff policy, geopolitical tensions, and bybit’s hacking put under pressure to the crypto market, which has exploded today. In the early hours of this Tuesday, Bitcoin has fallen below $ 90,000, its lowest level since mid -November. In addition, it is the first time since mid -January that falls below this threshold. Since he touched his day of Trump’s possession, his movements have been mainly down. He currently quotes at 87,800 and yields more than 8% in the last 24 hours. From its maximums it falls 20%. But the red sign is widespread. Ethereum, affected by hacking, is left 11%, XRP decoced 15%on the last day, while Solana, 14%.

The optimism that experts and professionals in the sector showed last year around 2025 that was expected of high voltage is increasingly weakened in the face of market turbulence. Javier Cabrera, market analyst, considers that the sector continues to drag that it suffered the theft of more than 1.4 billion dollars in cryptocurrencies, one of the largest attacks in the history of the industry. While the stolen assets were Ether units, the impact is being felt throughout the industry, with investors who have begun to distrust. “This highlights the need for them exchanges Have very solid safety mechanisms to protect your customers, ”warns the expert. However, he also acknowledges that Bitcoin’s spread is a symptom that on many occasions “all cryptocurrencies in the same sack is still encompassed, although Bitcoin has different characteristics and a stronger process.”

After days of stagnation, the pioneer cryptocurrency has not been able to endure the pressure. Javier Molina, Etoro analyst, however, considers that by losing his two relevant supports, first 96,000 and 90,000 dollars later, there could be problems in sight and “a possible strong correction.” Carlos Salinas, teacher’s teacher at blockchain And investment in digital assets of the IEB, points out that these corrections are not new. “When a strong support is lost, a domino effect is generated that drags prices quickly,” he warns. When Bitcoin slipped below 90,000, cascade liquidations of leverage positions began to be activated, which accelerated the falls. According to Coinglass data, 1,340 million dollars were recorded in the derivative markets in total cryptocurrency liquidations in the last 24 hours.

Javier Pastor, Bit2me training director adds market expectations, which have not yet been met after the first month of Trump’s mandate. “In addition, there has been a low negotiation volume in recent weeks, and this can break down significantly.” The expert identifies an important support in the $ 72,000 and does not rule out strong corrections in the long term, since in the face of geopolitical and macroeconomic problems, investors prefer to have liquidity. Despite this, in the medium and long term it provides for Bitcoin to resume the upward trend, unlike the altcoins: “They will have a very bad time,” he says.

Ethereum has been at low hours since the beginning of the year but has shown even more weakness since last Friday, given the growing sophistication of attacks, experts begin to doubt the foundations of the network, which have always praised for their safety . Adolfo Contreras, strategic advisor at blockstream, in fact indicates that this attack has been possible due to failures in the design of this blockchainwhich make it vulnerable. These problems have reduced users’ trust and have put the industry alert. The Token is currently traded at $ 2,300 and yields 11% on the last day.

Solana is not living his best moment either. The launch of memecoins Trump and $ Melania has brought more speculation and volatility in the market and has bothered the industry that seeks to clean its image after multiple scandals. But the drop that filled the glass was the promotion by Argentine president Javier Milei of $ Libra, a cryptocurrency that ended up revealing a scam: that led the money in the hands of few, leaving investors with huge losses.

This network has become a reference for the launch of memecoins – Digital actives without a technological basis that supports them, that shoot in the heat of social networks, following the trends of users and their feeling – for their low costs and speed of transactions. And it has contributed to creating what experts define as a “Neolotary” model, where assets experience vertical increases and corrections that lead them to lose all their value. However, its association with high -risk projects has generated concerns about its reputation, suggesting the need for a more rigorous management in the selection and promotion of projects within its ecosystem. Now the Token is traded at $ 136, with a 14% drop in the last 24 hours.

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