Overview
- Bitcoin briefly traded under $90,000 and is down nearly 30% from its October peak, according to CoinMarketCap data.
- At 10:05 CET on November 18, one Bitcoin was about €78,223, reflecting a 5.24% daily drop and a 13.63% decline over seven days.
- Major tokens also retreated over the past week, with Ether down about 15%, XRP more than 13%, and Solana over 18%.
- Reuters-linked analysis ties the slide to uncertainty over the U.S. interest-rate path and worsening overall market sentiment.
- The next catalysts cited by analysts are Nvidia’s results this week and U.S. labor-market figures expected on Thursday.