The price of Bitcoin (BTC) remains locked in a narrow trading band, fluctuating between $117,000 and $121,200 according to market data.
Analysts attribute this period of relative inactivity primarily to escalating trade tensions between the United States and the European Union, fueling caution among investors.
Market participants are exhibiting heightened risk aversion due to the geopolitical uncertainty, emphasizing the critical need for strategic risk management strategies in the current volatile climate.