Bitcoin has fallen below the $90,000 mark, giving up all the gains it had in made over the past year.
The drop has again reflected the highly volatile and risk-sensitive nature of the cryptocurrency market, and sparked another period of unease in the otherwise growing sector.
Why has Bitcoin tanked?
Bitcoin has practically flattened and given up all gains from a year ago – the same time it and other cryptocurrencies began its ascent, in the wake of US President Donald Trump's election victory and his vociferous support for the market.
It reached a new peak on October 6 when it hit $126,251, but since then Bitcoin has failed to gain further momentum.
It entered $90,000 territory at about 6.20am UAE time on Tuesday, and slipped to below that level at 7.35am, accor
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