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Business & Economics

Bitcoin drops to a 3-month low below $90,000 in risk-off move

CNBC
Summary
Nutrition label

69% Informative

The price of bitcoin fell 6% to $ 88,519 , according to Coin Metrics .

The decline puts the blue chip coin almost 20% off its all-time high reached on President Donald Trump 's inauguration day.

The $90,000 level marks the bottom of the narrow range bitcoin has been trading in since the end of November .

VR Score

73

Informative language

72

Neutral language

79

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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