Bitcoin falls below $90,000 as dual fiscal and geopolitical shocks hit global assets

Global markets shifted abruptly into a defensive posture this week, with US equities dropping over 2% amid a dual shock of fiscal instability in Japan and renewed trade war tensions between the US and Europe, according to a market commentary published by QCP on Wednesday. Bitcoin falls under pressure Bitcoin has fallen below $90,000, failing to hold its recent reclamation of the $97,000 level as the cryptocurrency struggles to find footing. The asset is currently trading as a high-beta risk asset rather ...