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Bitcoin drops below $90,000 for the first time since April
Bitcoin fell below $90,000 overnight as investors sell once high-flying assets like cryptocurrencies and AI stocks. Bitcoin fell to around $89,500 early on Tuesday. It’s the first drop below $90,000 since April. The world’s most popular cryptocurrency had jumped near $125,000 in early October, driven in part by enthusiasm about a pro-crypto administration in Washington....
Bitcoin drops below $90,000 for the first time since April
NEW YORK (AP) — Bitcoin briefly fell below $90,000 overnight as investors sell once high-flying assets like cryptocurrencies and artificial intelligence stocks. Bitcoin fell to around $89,500 early Tuesday, its first drop below $90,000 since April. The world’s most popular cryptocurrency had jumped near $125,000 in early October, driven in part by enthusiasm about a...
Morgan Stanley’s Complex Bitcoin Bet Draws $104 Million in Rout
Morgan Stanley’s Complex Bitcoin Bet Draws $104 Million in Rout - Bloomberg The Morgan Stanley headquarters in New York.Photographer: Michael Nagle/Bloomberg As digital-asset prices unravel, Morgan Stanley has drawn outsized demand from wealthy clients for a complex, new Bitcoin-linked product. The bank this month sold $104 million of structured notes tied to BlackRock’s iShares Bitcoin...




