KEY TAKEAWAYS:

Bitcoin briefly dropped to $89,500, its lowest level since April.

Crypto-linked stocks including Robinhood and Coinbase have fallen sharply.

Global markets slid in November, with major indexes down 3–7%.

AI bellwether Nvidia has dropped 9% amid broader investor pullback.

Bitcoin briefly fell below $90,000 overnight as investors sell once high-flying assets like cryptocurrencies and artificial intelligence stocks.

Bitcoin fell to around $89,500 early Tuesday, its first drop below $90,000 since April. The world’s most popular cryptocurrency had jumped near $125,000 in early October, driven in part by enthusiasm about a pro-crypto administration in Washington.

At around 10 a.m. ET, bitcoin traded around $91,500, according to CoinDesk .

Companies tied to crypto

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