Bitcoin price today: the fall widens and Bitcoin is at 106 as trade and tax doubts persist.
Bitcoin slightly decreased on Wednesday, continuing its performance confined within a limited range as uncertainty surrounding U.S. trade deals and the impact of a comprehensive tax bill continued to pressure risk appetite.
The world's largest cryptocurrency remained completely confined within a trading range between $103,000 and $108,000, which has been observed for most of June, with Strategy, formerly known as Microstrategy (NASDAQ:MSTR), making recent purchases that did not significantly stimulate prices.
Bitcoin fell by 0.6% to $106,321.4 by 09:14 AM Saudi time. While the currency is still achieving gains of 3.5% since the beginning of June, it is struggling to break out of the recent trading range.