Bitcoin falls below $90,000 as traders turn cautious
Not only Bitcoin, the cryptocurrency ether has also been under pressure for months and has lost nearly 40% of its value since its August peak above $4,955. PHOTO: REUTERS Bitcoin fell below $90,000 for the first time in seven months on Tuesday, the latest sign that investors’ appetite for risk is drying up in financial markets. The risk-sensitive cryptocurrency has lost all of its gains this year and is now nearly 30% below its peak of over $126,000 in October. It was last down 1.1% at $92,891 after slipping as high as $89,286.75. About $1.2 trillion has been wiped from
