The cryptocurrency market experiences turbulence as Bitcoin's price falls below $59,000. This drop has caused significant rippling effects across altcoins, indicating instability in the broader cryptocurrency market.
This decline is linked to reduced expectations of a 50 basis point rate cut by the Federal Reserve. The shift in expectations follows the latest Consumer Price Index (CPI) data, highlighting economic uncertainties affecting Bitcoin and other cryptocurrencies.
Источник: en.bitcoinhaber.net ↗
