Bitcoin price drops below $90,500, its lowest level since April
Key Takeaways
- Bitcoin's price dropped below $90,500, breaking key support levels.
- Heavy selling by long-term holders and large ETF outflows are driving the decline.
Bitcoin dropped below $90,500 for the first time since April amid heavy selling pressure from long-term holders and ETF outflows that weakened market momentum.
Traders are showing signs of capitulation as fear, uncertainty, and doubt spread on social media during the ongoing price corrections.
The decline comes despite Bitcoin successfully retesting previous resistance levels turned support during recent pullbacks, suggesting the sell-off pressure has intensified beyond technical support zones.
Heavy selling from long-term holders and ETF outflows are contributing to the weakened market conditions, marking a shift from the typical accumulation patterns seen from these investor groups.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Xiaomi's Electric Vehicle Profit Recovery Fails to Ease Concerns Over Production as Stock Falls
- Xiaomi Corp. reported 22.3% YoY revenue growth to 113.1B yuan in Q3, driven by EV and IoT expansion, but missed analyst forecasts of 116.5B yuan. - EV division posted first 700M yuan profit, selling 108,796 vehicles, but faces production delays and nine-month delivery waits. - Smartphone revenue grew 1.6% to 84.1B yuan amid rising chip costs; IoT revenue rose 5.6% to 27.6B yuan as subsidies declined. - Shares fell 2.81% to 41 HKD despite 80.9% net profit surge, as investors worried about revenue shortfal
PENGU Price Forecast: A Fresh Upward Driver Appears
- Pudgy Penguins (PENGU) surged to $0.0316 in Q4 2025 with $2B market cap, driven by retail/institutional buying and $560M+ daily volumes. - Technical analysis highlights $0.039–$0.040 as key resistance, with $0.075 as long-term target if momentum accelerates past July's $0.045 peak. - Institutional confidence grows via $9.4M exchange outflows and Pudgy Party game's NFT integration, though USDT reliance and regulatory risks persist. - Strategic entry points at $0.008–$0.009 and $0.013–$0.014 identified, wi
Nvidia’s Culture of Trust: The Role of Generous Leave in Driving Technological Leadership
- Nvidia offers 22-week paid maternity leave, 12 weeks for non-birthing parents, and 8 weeks of flexible scheduling, ranking No. 2 on Fortune's 2025 Best Workplaces for Parents list. - CEO Jensen Huang prioritizes employee care to attract talent, with 93% of Nvidia parents reporting "deep care" from the company versus 48% at typical U.S. workplaces. - The policy includes surrogacy/adoption coverage, backup childcare, and manager-led flexibility, correlating with 50% higher "extra effort" at work compared t
Hyperliquid's Rising Popularity and Entry Barriers: Addressing Institutional Participation and Retail Appetite in Liquid Restaking Derivatives
- Hyperliquid's 2025 retail-driven growth surged via token airdrops and buybacks, reaching $2.15B TVL and 70% perpetual futures market share. - Institutional adoption faces barriers from token dilution risks (10.8B HYPE unlock) and regulatory challenges after $4.9M POPCAT token manipulation losses. - Strategic innovations like HIP-3 and 21Shares' ETF proposal aim to attract institutional capital despite competition from Aster and BNB Chain platforms. - Platform's success hinges on balancing retail momentum
Trending news
MoreCrypto prices
More
