Bitcoin (BTC) tumbled to a low of $101,095 on Friday amid volatility in the market. The effect of the tussle between United States (US) President Donald Trump and Tesla Chief Elon Musk negatively influenced the NASDAQ and Tesla's stock price on Thursday, although both are recovering on Friday.
Aave’s (AAVE) price has extended the recovery from support at $240, trading at around $268 at the time of writing on Wednesday.
Bitcoin (BTC) is facing rejection around a key resistance level and trades below $106,000 at the time of writing on Tuesday. The technical outlook supports a correction as risk-off sentiment persists due to the rising tensions between Israel and Gaza.