Bitcoin briefly peaked at $72,000 last Friday, but immediately plunged below $70,000 and slipped to $66,000 ahead of the Federal Reserve's CPI announcement and interest rate decision. Meanwhile, Shiba Inu, despite its burn rate increasing by 2,800%, its price fell by more than 15% in a week. XRP also fell 7% to $0.48, but analysts predicted a rise to $1 or $1.50 based on technical patterns. 📉

Bitcoin (BTC) experienced major turbulence in the last seven days. After touching $72,000, the price of this asset slipped below the psychological $70K level and remained there over the weekend. Despite rising to $70,000 on Monday, the bears took over again and brought BTC down to a low of $66,200.

Shiba Inu was thrust into the spotlight thanks to a burn rate that exploded 2,800% on June 11, resulting in nearly 8 million tokens being removed from circulation. Despite this, SHIB fell more than 15% in the week, with its decline in line with the correction of the digital asset sector as a whole.

Lastly, we'll discuss Ripple's native token, XRP, whose price is down more than 7% in a week, currently trading around $0.48. However, many analysts remain calm, predicting a revival in the near future.

What do you think about this market turmoil? Come on, leave a comment below! 😄