Bitcoin was once again heavily impacted by economic developments in the US, falling from over $70,000 to $66,000 ahead of the US CPI data and the FOMC meeting. Altcoins also experienced significant volatility, but PEPE stood out with a 10% gain. Despite the correction, Bitcoin has recovered and is trading above $67,000. More volatility is expected after the FOMC meeting. The total capitalization of the cryptocurrency market has decreased and is now less than $2.6 trillion
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