Bitcoin reverses early gains, drops below $88,000 as Nasdaq futures wilt

Bitcoin reverses early gains, drops below $88,000 as Nasdaq futures wilt

Bitcoin's upward momentum faltered as it reversed all gains made during the Asian session, leading to a broader retracement across the digital asset market.

Market Retraction Summary

This session reversal highlights the current sensitivity of the market to psychological price levels and the influence of regional trading volumes on global price discovery.