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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

$79,734.02

-0.09%

$79,734.02

-0.09%

(24s)

24h Volume

$8,039,137,435.93

24h H/L

$80,200.00 / $79,233.00

Change: $967.00 (1.22%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,711.92

▼ -0.15%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$79,878.00

Price$79,711.92

Support 1$79,635.96

Support 2$73,033.65

Support 3$70,930.00

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.3

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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