The value of the cryptocurrency Bitcoin dropped below $90,000 today, continuing the downward trend in cryptocurrency prices over the past two weeks. At the time of writing, the value of Bitcoin is around $89,878 (~RM 375,286) and it is still falling.
The last time Bitcoin was at this low was at the end of April, with its overall value down 16% over the past month. The value is expected to continue to fall due to actions by holders and factors such as the instability of the US economy due to the government shutdown for more than 40 days due to failure to approve a budget.
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BUSINESS & MONEY
