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<p>Bitcoin has officially dropped below the $90,000 psychological support level for the first time in 8 days.

Over $190 million in long positions were liquidated in the last 60 minutes as price hit a local low of $89,800.

The sell-off is being driven by a "double macro whammy": the Bank of Japan's 0.75% rate hike and the EU's €93B retaliatory tariff package against the U.S.

Total market liquidations have crossed $600M in 24 hours as traders flee to Gold, which just hit an ATH of $4,750.</p>

Bitcoin has officially dropped below the $90,000 psychological support level for the first time in 8 days.
Over $190 million in long positions were liquidated in the last 60 minutes as price hit a local low of $89,800.
The sell-off is being driven by a "double macro whammy": the Bank of Japan's 0.75% rate hike and the EU's €93B retaliatory tariff package against the U.S.
Total market liquidations have crossed $600M in 24 hours as traders flee to Gold, which just hit an ATH of $4,750.

Bitcoin has officially dropped below the $90,000 psychological support level for the first time in 8 days. Over $190 million in long positions were liquidated in the last 60 minutes as price hit a local low of $89,800. The sell-off is being driven by a "double macro whammy": the Bank of Japan's 0.75% rate hike and the EU's €93B retaliatory tariff package against the U.S. Total market liquidations have crossed $600M in 24 hours as traders flee to Gold, which just hit an ATH of $4,750.

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