Bitcoin Jumps Back Above $90,000 After Bruising Selloff

Bitcoin climbed back above $90,000 on Tuesday, recovering from a bruising selloff that caught Wall Street off guard and erased nearly $1 billion in fresh leveraged bets. The rebound offered...

By Anna Irrera, Sidhartha Shukla · Bloomberg Markets

Bitcoin climbed back above $90,000 on Tuesday, recovering from a bruising selloff that caught Wall Street off guard and erased nearly $1 billion in fresh leveraged bets. The rebound offered a brief respite in a months-long rout, but traders remain cautious, with sentiment still fragile and signs of stress persisting across crypto markets.