Bitcoin price is stabilizing at the level of 111 thousand dollars.

The price of Bitcoin has managed to remain stable around 111 thousand dollars despite a decline in global risk appetite arising from China's new trade measures against the US. In markets where geopolitical tensions are rising, investors are closely monitoring this situation. Analysts consider the current state to be a controlled cooling rather than panic selling.

While the total value of global cryptocurrency markets remains steady at approximately 3.8 trillion dollars, other significant cryptocurrency prices are also attracting attention. For instance, Ethereum is trading around 4 thousand dollars, while BNB is sustaining levels above 1,180 dollars and Solana is holding above 190 dollars. Notably, Dogecoin has caught investors' attention with a daily increase of %4 and a weekly rise of %21.

The correlation between Bitcoin and gold is becoming increasingly stronger. On-chain analysis firm CryptoQuant defined Bitcoin's recent decline as a process of deleveraging rather than panic selling. According to expert opinions, the correlation rate has reached 0.9, marking a multi-year peak that strengthens the narrative of "digital gold." This situation highlights similar movements between Bitcoin and gold and indicates that both assets have reacted similarly to geopolitical shocks.

As institutional demand increases in the cryptocurrency market, CoinW Strategy Director Nassar Achkar points out that ETF inflows and the rise in stablecoin supply are enhancing liquidity in the market. However, experts believe that the 110 thousand dollars support level for Bitcoin continues to hold critical importance. Falling below this level could translate the market's cautious outlook into a more defensive atmosphere. In this context, important price levels that investors need to closely monitor are gaining more significance than ever.