Bitcoin drops over 4% to just above $86,000

 Bitcoin slid more than 4%, dropping from the mid-$90,000 range to a session low of $86,172.

Last week, Bitcoin hit its lowest level since April, then recovered toward $90,000 after the Federal Reserve signaled support for another interest rate cut. That recovery proved short-lived as renewed selling now pushed the digital asset back toward $86,000.

At 10:56 pm ET, the world's most famous cryptocurrency was trading at $86,356.590, down 4.44%, while Ether was priced at $2,827.8169, reflecting a 5.49% drop.

https://breakingthenews.net/Article/Bitcoin-drops-over-4-to-just-above-dollar86000/65270008