The ongoing decline of Bitcoin reflects a broader market risk-off sentiment, especially following geopolitical tensions. Major altcoins FARTCOIN, ENA, and LDO have observed significant double-digit declines in the wake of this downturn.
Bitcoin is experiencing support at the 50-day EMA, currently at 104,458 USD. Should it close below this line, it may breach support at 102,000 USD, leading to further opportunities for entry around 100,372 USD as immediate support.
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