PEPE Explodes 10% Daily, BTC Faces Massive Volatility Ahead of FOMC Meeting (Market Watch)

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Bitcoin’s price actions have been heavily influenced by major economic developments on the US front once again, as it dropped from over $70,000 to $66,000 ahead of the US CPI data and the latest FOMC meeting.The primary cryptocurrency had a violent end to last week as it dropped from $72,000 to under $68,600 in hours. The weekend was a lot less eventful as the asset recovered some ground and stood at just over $69,000.

The landscape took a more positive turn on Monday when bitcoin jumped by just over $70,000 once again. However, theAnother price decline followed suit in the past 12 hours that drove BTC to its lowest position since May 20 of $66,000. This came amidThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Bitcoin has been able to bounce off and currently trades above $67,000.

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