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JUST IN: Bitcoin Slips Below $89,000 as "Recovery" Rally Fails to Hold.
The market is waking up to a harsh reality check. After briefly teasing a run at $95k, Bitcoin has rejected the range highs and slid back to $88,455, driven by renewed geopolitical friction over U.S. sovereignty claims in Greenland.
This matters because the "risk-on" switch has been flipped off.
We are seeing a broad sentiment shift back into "Fear" territory. While Bitcoin consolidates, Solana is showing notable weakness, trading around $126 and acting as the "canary in the coal mine" for broader altcoin correction.
Traders should watch the $85,600 level closely. This is the definitive support line from recent months. If we lose this floor, the "neutral" sideways chop could turn into a deeper liquidity hunt.
#Bitcoin #Solana #MarketUpdate