November keeps getting worse for Bitcoin and friends. On Nov. 18, Bitcoin (BTC) dropped below $90,000 after a death cross formation, and was trading at $89,426 before climbing back up. This was the lowest level it had dipped to since April.

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,

Liquidity has been draining out of the financial system, putting pressure on speculative assets like cryptocurrencies.

On May 16, the 91-year-old chain took a step toward financial independence and began to accept Bitcoin (BTC) payments globally via the Lightning Network.

For context, bitcoin has only seen a negative annual return three times since 2010: To veteran macro investor Jordi Visser, the sideways trading of recent months signals maturation of an asset class.

Yet the market has retreated — fast, hard and with no clear trigger. Bitcoin’s total market value has plunged by about $600 billion from an October high, according to data compiled by Bloomberg. In crypto, volatility is expected. What’s different this time is how quickly conviction has evaporated, and how few explanations hold up.

Bitcoin cayó brevemente por debajo de los 90.000 dólares durante la noche mientras los inversores venden activos que antes volaban alto, como las criptomonedas y

Sophisticated crypto scams are on the rise. But few of them go to the lengths one bitcoin mining executive experienced earlier this year.

Bloomberg's World Interest Rate Probability measure now puts the probability of a reduction at less than 50%, although interest-rate strategists at Goldman Sachs and Bank of America say economic data delayed by the US government shutdown will revive the case for action.