Bitcoin falls again and breaks a key support amid trade tensions
The leading cryptocurrency is trading around $108,000 after breaking the 200-day moving average. While some analysts see a "healthy correction," the market shows signs of fear ahead of the Trump-XJP summit.
Enthusiasm in the crypto market has evaporated. Bitcoin is down 1.9% this Tuesday and has breached a key technical threshold by trading just above $108,000, breaking the exponential moving average (EMA) of 200 days located at $109,500. The movement comes as the market eagerly awaits the meeting scheduled for next week between Donald Trump and XJP in Seoul. #BTC #ETH