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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

$59,260.93

-3.32%

$59,260.93

-3.32%

(24s)

24h Volume

$35,245,342,745.45

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

70.9%

Long: 70.9%Short: 29.1%

Funding Rate

-0.0037%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,245.60

▼ -3.00%

Volume (24h): -

Resistance Levels

Resistance 3$64,190.33

Resistance 2$61,809.89

Resistance 1$60,140.67

Price$59,245.60

Support 1$59,102.70

Support 2$57,392.27

Support 3$52,643.43

Pivot (PP):$60,140.67

Trend:Downtrend

RSI (14):29.5

CoinDesk Staff

(04:43 AM UTC)

1 min read

Approved byEmily Watson

820 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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