Bitcoin price down below $90,000 first since January 13

MOSCOW, February 25. /TASS/. The price of Bitcoin has fallen below $90,000 for the first time since January 13, 2025, according to Binance platform data.
As of 10:26 a.m. Moscow time (7:26 a.m. GMT), the Bitcoin price was down by 6.64% at $89,439. By 10:40 a.m. Moscow time (7:40 a.m. GMT), the price of the cryptocurrency had extended losses to 7.17% as it traded at $88,988.
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or a group of people using the name Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without intermediaries.