Bitcoin Dips Below $90K, Crypto Market Loses $130 Billion Amid BOJ Shift

• Bitcoin price dipped below $90,000 to $89,608, a 0.62% drop in 24 hours.
• The crypto market lost over $130 billion, with total capitalization at $2.98 trillion.
• 116,000 traders were liquidated, incurring over $295 million in losses due to high leverage and fragile sentiment.
• The dip is linked to expectations of a hawkish Bank of Japan policy shift, which historically pressures risk assets.
• Global markets show a push-and-pull dynamic with easing signals in the West and tightening pressures in Asia affecting crypto.

Why It Matters: Bitcoin's dip reflects global economic shifts and impacts crypto investors.