$BITCOIN lost momentum again, dragging the wider crypto market lower and keeping risk appetite under pressure.
The downturn was broad-based, with losses spreading across 85 of the top 100 digital assets, underscoring the depth of the sell-off. The weakness came even as softer-than-expected U.S. inflation data reinforced market expectations for at least two Federal Reserve interest-rate cuts later this year.
With price action failing to respond to the supportive macro signals, traders are now positioning defensively ahead of a packed macro calendar. Key events in focus include the release of the Federal Reserve’s latest meeting minutes and the closely watched core PCE inflation report, both of which could set the tone for markets in the days ahead#BTCFellBelow$69,000Again $BTC
