
Bitcoin Falls To $88,000 As Investors Turn Bearish

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Bitcoin's price has dropped to $88,000 as investor sentiment turns bearish due to rising geopolitical tensions. This decline follows a significant drop in U.S. stocks, with the Dow Jones falling nearly 1,000 points. Analysts indicate a risk-off sentiment in the market, exacerbated by President Trump's threats regarding Greenland, leading to fears of a global trade war. Other cryptocurrencies like Ethereum and XRP have also seen declines. The recent selloff has resulted in over $1 billion in leveraged crypto positions being wiped out, with Bitcoin down 13% over the past year.
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