Crypto Market Slides for Second Day as Bitcoin Dips Amid Geopolitical Tensions

The cryptocurrency market slipped on Wednesday for a second consecutive day, following Monday’s brief rebound, as investors remain cautious after a tumultuous weekend and recent geopolitical developments.

Bitcoin (BTC) is changing hands at $111,000, down 1.5% on the day, while Ethereum (ETH) is trading at $3,987, down 3.3%.

Other top tokens also recorded declines: BNB dropped 3.7% to $1,172 after hitting a recent high of around $1,370 on Monday. Solana (SOL) fell 2.6% to $197, and XRP declined 2.6% to $2.44.

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