Category: general

The post Crypto Crash Today: BTC Falls Below $90k for First Time in 7 Months, ETH Drops Under $3,000 appeared com. The post Crypto Crash Today: BTC Falls Below $90k for First Time in 7 Months, ETH Drops Under $3,000 appeared first Bitcoin has slipped toward the $90, 000 mark while Ethereum has dropped below $3,000. This breakdown below the $90, 000 level is crucial because it has not happened in more than seven months Market analyst Gareth Soloway has released a fresh technical outlook on Bitcoin and Ethereum, confirming that both cryptocurrencies have now tapped key support levels that could decide whether the current bull trend continues or breaks down. Bitcoin Slides to $90K as Sellers Take Control Bitcoin’s price declined to around $90, 662 at the time of reporting, marking close to a 5% drop in the last 24 hours. The world’s largest cryptocurrency briefly fell as low as $89,673, struggling to reclaim the $96,000 area that acted as recent resistance. The day’s trading range between $89,673 and $95,928 shows rising volatility and more aggressive sell pressure in derivatives and spot markets. Market sentiment has also weakened after multiple failed attempts to break and sustain above the psychological $100,000 barrier. Ethereum Breaks Key Support, Drops Under $3,000 Ethereum has also turned bearish, falling below the crucial $3,000 support zone. ETH traded between $2,948 and $3,218 in the past 24 hours. The slip below $3,000 is significant because it has historically acted as a defense zone backed by institutional interest, staking demand, and network growth expectations. Gareth Soloway Issues Fresh Technical Alert Soloway has released a new technical outlook for both Bitcoin and Ethereum, stating that the latest drop has pushed both cryptocurrencies directly into important support zones. According to Soloway, these levels may determine whether the broader bull trend continues or begins.