Bitcoin Slides Under $108K Amid Geopolitical Tensions

Bitcoin’s price dipped below $108,000 on Monday, encountering resistance near the $111,990 level. Fears of geopolitical turmoil triggered a market retreat, with investors holding back as they await clearer signals about future direction. 1.5% decline in the past 24 hours brought Bitcoin down to around $107,939 at press time. Market observers are closely watching for confirmation of a higher low, which could be a springboard for a potential resurgence.