$BTC bitcoin price down to ~62K $
amid dollar pressure and inflation jitters
🔴Bitcoin pressured by strong dollar, PCE inflation awaited
🔴Crypto price today: altcoins sink deeper than Bitcoin
Bitcoin price fell on Monday, extending a deep decline from the past week as concerns over U.S. interest rates and anticipation of key inflation data kept traders largely biased towards the dollar.
Broader cryptocurrency prices were also pressured by a strong dollar, as the greenback came close to a two-month high following robust U.S. purchasing managers index data.