Bitcoin Loses $90,000: Look At 2019 To See What Happens Next

Bitcoin (CRYPTO: BTC BTC - $86264.740 breaking below $90,000 on Monday has prompted crypto analyst Benjamin Cowen to draw striking parallels to the 2019 macro setup. What Happened: In a podcast published on Sunday, Cowen warned that Bitcoin's current downturn, arriving just as quantitative tightening (QT) ends, is tracking almost identically to 2019.

Source: benzinga.com

Related symbols: BTCUSD

2025-12-01 13:52:02 GMT.

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Price & Market Data

Price: $86264.740

Volume 24h: $69,465,423,499.66

Market Cap: $1,721,525,031,869.80

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,956,206. The last known price of Bitcoin is 86,744.74498607 USD and is down -5.06 over the last 24 hours. It is currently trading on 12489 active market(s) with $63,178,415,184.35 traded over the last 24 hours. More information can be found at https://bitcoin.org/.