Bitcoin falls as Trump says meeting with China may not happen

Bitcoin (BTC) prices have fallen to the $108,000 range as concerns grow that the US-China summit may end in failure.
As of 9:05 a.m. on the 22nd, according to CoinMarketCap, Bitcoin was down 1.99% from the same time the previous day.
The index fell to $108,400 (approximately ¥16.44 million). It had been trading in the $113,000 range in the morning, but uncertainty surrounding US-China relations has spread, cooling investment sentiment in risk assets.
On the 21st (local time), US President Donald Trump said, "There are many people who are looking forward to a meeting (between the US and China)," but added, "However, there is a possibility that the meeting will not take place."
Trump also emphasized that he believes he can reach a "good deal" with President Xi Jinping, but that it must be fair and sustainable over several years.
"Years of economic exploitation have cost the United States money, which has fueled China's military might. Now is the time for a fair deal."
On the 10th of this month (local time), President Trump responded to China's rare earth export restrictions.
The cryptocurrency media outlet CoinDesk said, "Investors usually wait for the Bitcoin rally in October (the so-called 'Uptober') to occur."
"We are waiting for the market to recover, but the market mood this year has not been as positive," he said. "For the time being, we may see a continued sideways trend for several months."
Outflows from Bitcoin spot ETFs are also continuing. On the 20th of this month (local time), there was a net outflow for the fourth consecutive business day.
A total of $40.4 million was withdrawn from the market.