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Bitcoin Crashes Below $90,000 as Fear Grips Traders Targeting $80K

Bitcoin has plunged below $90,000, wiping out all gains for the year as fear sweeps through the crypto market. During Asia trading, deep-pocketed buyers retreated and options traders piled into increasingly bearish bets, signalling expectations of an even deeper fall toward $80,000. Here’s a breakdown of the crash, the market sentiment, and what traders are preparing for next.