On June 10, Bitcoin’s price fell to 108,000 USD with $23 million in long positions liquidated. Experts warn of a potential 75% correction, while overall market sentiment remains bullish. Traders remain cautious due to ongoing volatility and institutional influences.
The upcoming US inflation data is anticipated to shape the Federal Reserve’s future decisions. Predictions suggest CPI inflation may rise to 2.5% from 2.3%. Mixed trader sentiments persist as the market reacts to possible price movements influenced by this data.
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