Bitcoin plunges below $90,000 amid global risk asset selloff
Yahoo Finance·2026-01-20 23:23

Bitcoin (BTC) dropped 3% to below 90,000duringU.S.morningtradingonTuesdayafterameltdowninJapan’sgovernmentbondmarketcombinedwithU.S.PresidentTrump’songoingtariffthreatsagainstEuropetopushriskassetssharplylower.Ether(ETH)fellmorethan790,000 during U.S. morning trading on Tuesday after a meltdown in Japan’s government bond market combined with U.S. President Trump’s ongoing tariff threats against Europe to push risk assets sharply lower. Ether (ETH) fell more than 7% over the past 24 hours, sending the native cryptocurrency of the Ethereum network back below a crucial 3,000 mark for the first time since January 2. Highlighting altcoin weakness, bitcoin's grip over the crypto market has been steadil ...