๐Hey there, BTC enthusiasts!๐ Buckle up, because Bitcoin's rollercoaster ride continues! ๐ข After a wild drop from over $70,000 to $66,000, BTC is bracing for more US economic developments. ๐บ๐ธ
Last week, BTC took a nosedive from $72,000 to under $68,600 in just a few hours. ๐ฒ But it wasn't all doom and gloom! Over the weekend, BTC managed to claw back some ground, standing at just over $69,000. ๐ช
Monday brought a ray of sunshine โ๏ธ as BTC leaped over $70,000 once again. However, the end of the BTC ETF inflow streak led to another tumble, bringing it down to $68,000 on Tuesday. ๐
The past 12 hours saw another decline, pushing BTC to its lowest since May 20 at $66,000. This comes amid concerns about the US CPI data and the upcoming FOMC meeting. ๐
But don't fret! BTC has bounced back and is currently trading above $67,000. ๐ However, prepare for more turbulence as the day unfolds with the US developments. ๐ช๏ธ
As of now, BTC's market cap stands below $1.330 trillion, with a dominance of 51.5% over the alts. ๐ฅ
Meanwhile, in the altcoin world, PEPE is defying the trend with a 10% surge, sitting pretty above $0.000013. ๐ธ On the flip side, larger-cap alts like ETH, SOL, XRP, DOGE, ADA, SHIB, AVAX, LINK, and TRX are still slightly in the red. ๐
The total crypto market cap has lost some value and now sits below $2.6 trillion. ๐ฐ Stay tuned for more updates! ๐ฐ