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Bitcoin drops below $90,000 for the first time since April then rebounds

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Bitcoin drops below $90,000 for the first time since April then rebounds
News

News

Bitcoin drops below $90,000 for the first time since April then rebounds

2025-11-19 00:28 Last Updated At:00:31

NEW YORK (AP) — 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, before recovering to around $93,600 by late morning. 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.

Companies tied to crypto have been caught in the downturn. Shares of Robinhood Markets, which have tripled this year on the strength of crypto trading, are down 21% so far in November. Crypto exchange Coinbase Global has fallen 23%.

The drop in crypto is part of a broader sell-off in global markets this month. The S&P 500 is down nearly 3%, as is Germany’s DAX, while the Nikkei in Japan is off 7%. Nvidia, the poster child for the frenzy around AI, has dropped 9%.

FILE - Bitcoin tokens are seen on April 3, 2013, in Sandy, Utah. (AP Photo/Rick Bowmer, File)

FILE - Bitcoin tokens are seen on April 3, 2013, in Sandy, Utah. (AP Photo/Rick Bowmer, File)

MIAMI (AP) — Sandy Alcantara threw the first complete game of the MLB season in a 93-pitch shutout to lead the Miami Marlins over the Chicago White Sox 10-0 on Wednesday.

It was Alcantara’s second career complete-game shutout with fewer than 100 pitches, known as a “Maddux” in honor of Hall of Famer Greg Maddux. It was his 13th career complete game.

Liam Hicks homered, had two singles and drove in four runs to increase his Major League-leading count of RBIs to 12. Otto López also went deep and Graham Pauley doubled twice for the Marlins, who ended the homestand 5-1, their best start since 2020.

After a dominant outing against Colorado in the season-opener, Alcantara (2-0) extended his scoreless streak to 15 innings. The 2022 NL Cy Young Award winner struck out seven, scattered three singles and hit a batter.

The Marlins struck quickly against White Sox starter Shane Smith with a four-run first. Hicks hit an RBI single and Connor Norby followed with a run-scoring double. They both scored on Owen Caissie’s single.

Hicks made it 6-0 with a two-run blast in the second. He drove Smith’s slider over the wall in right for his third homer.

Javier Sanoja’s two-RBI single in the third padded the lead.

Miami added two runs late when Hicks hit an RBI single in the sixth and López connected off White Sox reliever Jordan Leasure in the eighth.

Smith (0-2) lasted three innings, giving up eight runs and seven hits. In his first two starts of the season, Smith has allowed 12 runs and 15 hits over 4 2/3 innings.

White Sox: RHP Sean Burke (0-1. 6.75) will start Chicago’s home opener against Toronto on Thursday. RHP Dylan Cease (0-0, 1.69) will start for the Blue Jays.

Marlins: RHP Eury Pérez (0-0, 3.86) will start the opener of a three-game series at the New York Yankees. LHP Ryan Weathers (0-0, 3.86) will start for the Yankees in their home opener.

AP MLB: https://apnews.com/hub/mlb

Miami Marlins third baseman Javier Sanoja makes a throw to first to get out Chicago White Sox' Chase Meidroth during the sixth inning of a baseball game, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

Miami Marlins third baseman Javier Sanoja makes a throw to first to get out Chicago White Sox' Chase Meidroth during the sixth inning of a baseball game, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

Miami Marlins Otto Lopez hits a home run during the eighth inning of a baseball game against the Chicago White Sox, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

Miami Marlins Otto Lopez hits a home run during the eighth inning of a baseball game against the Chicago White Sox, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

Miami Marlins starting pitcher Sandy Alcantara reacts cooly after pitching a complete game shut out baseball game against the Chicago White Sox, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

Miami Marlins starting pitcher Sandy Alcantara reacts cooly after pitching a complete game shut out baseball game against the Chicago White Sox, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

Miami Marlins manager Clayton McCullough, right, embraces starting pitcher Sandy Alcantara after he pitched the entirety of a baseball game against the Chicago White Sox, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

Miami Marlins manager Clayton McCullough, right, embraces starting pitcher Sandy Alcantara after he pitched the entirety of a baseball game against the Chicago White Sox, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

Miami Marlins starting pitcher Sandy Alcantara (22) pitches during the first inning of a baseball game against the Chicago White Sox, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

Miami Marlins starting pitcher Sandy Alcantara (22) pitches during the first inning of a baseball game against the Chicago White Sox, Wednesday, April 1, 2026, in Miami. (AP Photo/Rebecca Blackwell)

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