Posted 4/9/2024, 8:46:00 PM
Bitcoin Price Takes Breather, Dips Below $69K as Traders Eye Upcoming Halving and Inflation Data
- Bitcoin price plunged below $69,000, down about 4% in last 24 hours
- Altcoins got crushed as Bitcoin declined, with most top 200 coins posting losses
- Volatility expected leading up to Bitcoin's halving event and release of latest US CPI data
- Analysts say Bitcoin likely to trade sideways and consolidate for awhile after halving
- Meme coins like DOGE still popular among new crypto investors despite Bitcoin hitting new ATH