Bitcoin hits seven-month low, slides below $90,000. What’s behind the plunge?

Bitcoin has been under pressure lately, slided below $90,000 for the first-time in seven months on Tuesday, November 18, extending its decline from its October record highs to over 26%.

The sharp pullback has sparked debate over whether this is merely a short-term correction or the start of another four-year cycle that could trigger a prolonged sell-off.

(This is a developing story)

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

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