Despite the noticeable improvement in American economic indicators and positive reports regarding trade relations with China, these developments did not reflect on the performance of the price #البيتكوين $BTC , where the price of the currency recorded a decline exceeding 2500 dollars.

Bitcoin experienced a temporary recovery following the sharp drop that occurred last weekend, which coincided with tensions between U.S. President "Donald Trump" and businessman "Elon Musk", pushing Bitcoin below 100,500 dollars.

However, the market quickly regained some momentum, and the price later reached 110,500 dollars, approaching its historical highs.

Nevertheless, this momentum did not last long; despite consumer price index data coming in better than expected, and official statements indicating the proximity of a trade agreement between Washington and Beijing, Bitcoin's rise halted and it fell below 104,000 dollars, with its market value declining to 2.14 trillion dollars, while its market dominance remained at 61%.

On the front of alternative digital currencies, most cryptocurrencies declined after a wave of recent gains.

The price of Ethereum fell by more than 1%, trading at 2750 dollars, while the price of Ripple lost the 2.3 dollar level, stabilizing below 2.25 dollars after a daily decline of 4%.

Coins such as DOGE, SUI, ADA, LINK, TRX, and AVAX experienced larger declines, ranging between 6% and 7%.