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Bitcoin Drops Nearly 2 Percent in One Day to 90000 Level

Bitcoin fell nearly 2% in the last 24 hours to trade near the $90,000 mark, while major altcoins such as Ethereum also witnessed mild declines. Analysts caution that heightened volatility may persist as Bitcoin struggles to break key resistance levels.

By Finblage Editorial Desk

2:11 pm

9 December 2025

Bitcoin and major cryptocurrencies witnessed a sharp bout of selling over the past 24 hours, with the world’s largest digital asset slipping nearly 2% to trade close to the $90,000 mark. At the time of observation, Bitcoin was hovering around $89,885, reflecting growing caution among traders.


Ethereum also traded marginally lower at around $3,104, while several other leading altcoins followed a similar declining trend. The broader crypto market weakness comes as investors turn cautious amid resistance-driven technical pressures and macro uncertainty.


Market analysts noted that Bitcoin continues to face strong resistance near the $92,000 level. Failure to decisively break above this zone has triggered profit booking and short-term selling pressure. On the downside, experts believe immediate support lies between $89,500 and $88,800. A breakdown below this range could intensify downside momentum in the near term.


Experts further warned that volatility is likely to remain elevated over the coming sessions as traders react to key technical levels and global risk sentiment. While the long-term outlook for Bitcoin remains constructive, near-term price action is expected to remain range-bound with sharp intraday swings.


The broader crypto market sentiment also remains sensitive to developments in global liquidity, interest rate expectations, and regulatory cues, which could influence digital asset prices in the days ahead.

Sources & Disclaimer

This article is compiled from publicly available information, including company disclosures, stock exchange filings, regulatory announcements, and reports from global and domestic financial publications. The content has been editorially reviewed and enhanced by the Finblage Editorial Desk for clarity and investor awareness purposes only.

All information provided on Finblage is strictly for educational and informational use and should not be considered as financial, investment, legal, or professional advice. Readers are advised to conduct their own independent research and consult a certified financial advisor before making any investment decisions. Finblage shall not be held responsible for any losses arising from the use of information published on this website.

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