• Crypto market drowns in red as bitcoin falls to $68,000 Traders are bracing for a heavy week of macroeconomic events, including Fed minutes and the core PCE inflation report. • What to know: Bitcoin wilts, pushing the broader market into the red. • Losses have hit 85 out of the top 100 tokens. • The sell-off comes despite weaker U.S. • inflation data that strengthened expectations for at least two Federal Reserve rate cuts. • Traders are bracing for a heavy week of macroeconomic events, including Fed minutes and the core PCE inflation report.
Article Summaries:
- Crypto market drowns in red as bitcoin falls to $68,000 Traders are bracing for a heavy week of macroeconomic events, including Fed minutes and the core PCE inflation report. What to know: - Bitcoin wilts, pushing the broader market into the red. - Losses have hit 85 out of the top 100 tokens. - The sell-off comes despite weaker U.S. inflation data that strengthened expectations for at least two Federal Reserve rate cuts. - Traders are bracing for a heavy week of macroeconomic events, including Fed minutes and the core PCE inflation report. Crypto markets are deep red on Monday, with industry
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