The US Department of Labor has officially announced an annual inflation rate increase to 4.2%, which has shaken the financial markets and directly pressured the crypto market.
🔴 Current situation:
Bitcoin is currently trading at $61,800, nearing the critical $61,000 level. Investors are now fearing that the Fed may raise interest rates again.
👇 Share your analyses: Do you think the price will bounce from the current levels of $61,800, or are we on our way to breaking below $60k?
Share your analyses in the comments!
BTC
66,505.94
+3.30%