Bitcoin slips under $90K 😱

The price of Bitcoin briefly dropped to a seven-month low Tuesday morning, as the bear market outlook firms up.

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📝 What you need to know

Bitcoin briefly dipped to a seven-month low under $90,000 Tuesday morning, extending recent losses that have seen Bitcoin erase its 2025 gains. The top crypto’s price movements are firming up the bearish outlook, as analysts pointed to key technical indicators suggesting that the crypto space is entering a bear market.

They pointed to “growing investor fears in traditional markets” as the catalyst behind the recent crypto crash. Risk-averse conditions have prompted the crypto market to move in lockstep with tech stocks—which have come under pressure as investors begin to take profits from AI-related equities.

Despite the market turmoil, Bitcoin treasury firm Strategy appears to be sitting pretty, with investment bank TD Cowen noting that its Bitcoin accumulation model remained intact through last week’s volatility.

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