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via CoinDesk · By CoinDesk Staff

Why is bitcoin price down? BTC at $79,000 as Xi warns Trump on Taiwan conflict

BTC

BTC/USDT

$63,140.06

+0.13%

$63,140.06

+0.13%

(24s)

24h Volume

$2,812,260,970.16

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short

68.7%

Long: 68.7%Short: 31.3%

Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,164.00

▲ 0.12%

Volume (24h): -

Resistance Levels

Resistance 3$66,088.35

Resistance 2$64,507.45

Resistance 1$63,398.11

Price$63,164.00

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.9

CoinDesk Staff

(04:43 AM UTC)

1 min read

Approved byEmily Watson

0 comments

Solana drops 5%, bitcoin below $80,000 as Xi warns Trump on Taiwan conflict

Chinese President Xi Jinping warned Donald Trump of potential conflict over Taiwan during the first U.S. presidential visit to China in nearly a decade.

Bitcoin's $80,000 floor cracked under back-to-back inflation shocks, and Xi Jinping's Taiwan warning further dampened expectations of a recovery.

BTC traded at $79,200 in…

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CoinDesk Staff · CoinDesk

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