Bitcoin drops below $90,000 for the first time since April then rebounds

NEW YORK (AP) — Bitcoin briefly fell below $90,000 overnight as investors sell once high-flying assets like cryptocurrencies and artificial intelligence stocks. Bitcoin fell to around $89,500 early Tuesday, its first drop below $90,000 since April, before recovering to around $93,600 by late morning. The world’s most popular cryptocurrency had jumped near $125,000 in early October, driven in part by enthusiasm about a pro-crypto administration in Washington. Companies tied to crypto have been caught in t ...