Bitcoin Drops Below $89K Amid Fading Risk Appetite Ahead of Key Macro Events

Bitcoin dipped below $89,000 on Sunday as low liquidity, altcoin weakness and imminent U.S. and global data releases kept traders cautious.

What to know:

Bitcoin slipped below $89,000 in low-liquidity trading on Sunday.

Ether showed relative strength, while major altcoins lagged behind.

Traders are positioning ahead of a busy week of U.S. data and central bank events.$BTC

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86,972.65
-3.15%