$BTCUSD Forex Signal: Prepares for a Strong Bearish Breakdown
Bitcoin and other cryptocurrencies retreated from last week’s high of $31,856 to below $30,000.
Some of its recent actions were the lawsuits against companies like Coinbase and Binance. The two are the biggest companies in the crypto industry.The headline consumer inflation dropped from 4.1% in May to 3.0% in June. Core inflation dropped to 4.8%. Therefore, expectations for interest rate hikes have dropped in the past few days.
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