Bearish sentiment sweeps across crypto market ahead of CPI report, BTC at $60,000

Oct. 10, 2024 - Nairametrics

The crypto market has worn a bearish outlook ahead of the United States Consumer Price Index report set to be released soon. The global crypto market capitalization declined by 3.

3% in the past 24 hours sitting at $2.2 trillion according to coin gecko data.

The flagship crypto asset has dropped to a lower point today trading at $60,300 at a certain time of the day. This shows that BTC is currently at a neutral zone ahead of the U.

S. CPI report, scheduled for today.

What to KnowThe last bullish cycle in the crypto market was inspired by the U.S.

jobs report, which sent the BTC price above $64,000...