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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

$64,145.05

+0.70%

$64,145.05

+0.70%

(24s)

24h Volume

$7,951,794,579.16

24h H/L

$64,350.00 / $63,400.00

Change: $950.00 (1.50%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0010%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,254.00

▲ 1.06%

Volume (24h): -

Resistance Levels

Resistance 3$70,982.74

Resistance 2$68,191.60

Resistance 1$64,662.53

Price$64,254.00

Support 1$62,911.42

Support 2$61,056.47

Support 3$59,130.91

Pivot (PP):$64,007.55

Trend:Downtrend

RSI (14):35.8

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…

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CoinDesk Staff · CoinDesk

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