Morgan Stanley has sold $104 million in complex structured notes tied to BlackRock’s iShares Bitcoin Trust (IBIT), according to data from Structured Products Intelligence, part of WSD.

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,

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.

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.

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

It’s taken less than two weeks for a rare euro-denominated preferred stock offering by Michael Saylor’s Bitcoin treasury company to fall below its already-discounted offer price.

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 las acciones de inteligencia artificial.