Bitcoin Dips Below $110K as Market Awaits Trump-Xi Meeting

Bitcoin’s price has slipped below the $110,000 mark today, shedding around 2.96% of its gains from yesterday. The cryptocurrency currently trades at $107,982, down from its intraday peak of $111,000. Traders are reacting to uncertainty surrounding the upcoming meeting between US President Donald Trump and Chinese President Xi Jinping, scheduled for late October in South Korea. This follows Bitcoin’s brief rebound on Monday, reaching a high of $111,549 after a week of declines.