Reported 13 days ago
Bitcoin has declined to below $109,000 after previously reaching a high of $126,000 on October 6, affected by a recent wave of risk aversion in global markets, fueled by escalating trade tensions between the US and China and liquidity strains among US banks. Altcoins have also struggled under similar pressures, while utility tokens like Solana gain momentum amid a shift towards blockchain projects with real-world applications. The overall cautious sentiment continues as traders await signals from the US Federal Reserve regarding interest rates.
Source: YAHOO