Bitcoin fell below $90,000 on Tuesday as renewed tariff threats weighed on risk assets, triggering more than half a million liquidations across the crypto market.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $89,648.91 |
| Ethereum | (CRYPTO: ETH) | $2,997.69 |
| Solana | (CRYPTO: SOL) | $127.30 |
| XRP | (CRYPTO: XRP) | $1.90 |
| Dogecoin | (CRYPTO: DOGE) | $0.1240 |
| Shiba Inu | (CRYPTO: SHIB) | $0.057771 |
Notable Statistics:
- Coinglass data shows 163,275 traders were liquidated in the past 24 hours for $693.07 million.
- In the past 24 hours, top losers include Monero, Dash and Hyperliquid.
Notable Developments:
- Two Countries Just Banned Polymarket In 48 Hours—What Is Going On?
- Bitcoin Stuck At $90,000 For 2 Months—Where Did All The Volatility Go?
- Ethereum Co-Founder Slams Ripple CEO Brad Garlinghouse For Not Opposing Latest Crypto Bill Draft: ‘Take The Chaos And Fight For What’s Right’
- BitMine’s ETH Holdings Hit $14.5B, But BMNR Plunges 7%
- Trump’s CFTC Chief Launches ‘Future-Proof’ Initiative—Here’s What Changes
- Ethereum Frozen Above $3,000: Resilience Or Is The Worst Yet To Come?
- Michael Saylor Teases ‘Bigger Orange’ — And Strategy Buys $2.1B In Bitcoin
Trader Notes: Entrepreneur and Bitcoin investor Lark Davis said Bitcoin faced a sharp rejection at the 50-week exponential moving average, a technical setup often referred to as a “kiss of death.”
He noted that price is now sitting on key trendline support, and that even a fresh $2 billion in buying from Michael Saylor has failed to lift the market, underscoring strong overhead resistance and persistent weakness.
Trader and investor Crypto Rand pointed to a potential early bullish signal, noting that the 30-day moving average is crossing above the 90-day moving average for the first time since May 2025. The crossover suggests short-term sentiment may be improving faster than the broader trend, though confirmation is still needed.
Coin Bureau co-founder Nic Puckrin said Bitcoin broke down after losing a former resistance level that had briefly acted as support. He added that BTC has now slipped below its 50-day moving average.
Puckrin highlighted a key CME gap between $88,000 and $88,700, warning that a decisive break below that zone could open the door to a move toward the yearly open near $87,500.
Image: Shutterstock
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