Bitcoin Market Volatility and Liquidations Intensify as Investors Await FOMC and CPI Data
Tuesday, 11 June 2024, 17:11
Bitcoin Price Volatility and Liquidations
The sudden drop in Bitcoin's price to $66K resulted in significant liquidations, amounting to $250M, indicating increased market turbulence. Traders are bracing for potential uncertainties ahead of key events.
Anticipation for 'Wild Wednesday' with FOMC and CPI Data
Investors are closely monitoring the Federal Open Market Committee's interest rate projections and the upcoming Consumer Price Index report, as these releases will shape market movements and sentiment in the digital asset space.
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