Bitcoin Plunges Below $90,000 as Global Stocks Tumble: What's Next for Investors?

Stocks sold off and Bitcoin hit a seven-month low as investors pulled back from riskier corners of the market in the run-up to Nvidia Corp.’s earnings and a pivotal US jobs report.

Global stocks dropped to a one-month low, while a gauge of Asian shares fell 2.3% and slipped below its 50-day moving average for the first time since April. Futures indicated more losses for the S&P 500 and the Nasdaq 100 indexes after the US benchmarks both retreated Monday. European stocks are also primed for a weak open.