Crypto Prices Drop as Markets Await Fed Data Amid Low Bitcoin Supply
• Major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin dropped in price on Monday evening.
• Exchanges are reporting the lowest amount of available Bitcoin since April 2018, indicating decreasing supply.
• The Federal Reserve will receive important inflation data this week ahead of next month's interest rate decision.
• Analyst Eli Taranto predicts Bitcoin could surge past $40,000 this week if positive economic data persists.
• Analyst Michael Van de Poppe believes Ethereum could rally over 80% to $3,600 in an upward breakout.