June 27, 2022
Bitcoin drops to fresh lows and ultimately drops below $26,000. Is this the end, or are we just getting started? At the time of writing, Chainlink was trading at $5.99, down 9.85 percent in the previous 24 hours.

Bitcoin drops to fresh lows and ultimately drops below $26,000. Is this the end, or are we just getting started? At the time of writing, Chainlink was trading at $5.99, down 9.85 percent in the previous 24 hours.

The Consumer Price Index (CPI) has climbed to 8.6%, slightly more than the 40-year peak previously predicted. Over the last month, Bitcoin has been in the red nearly twice as often as it has been in the green.

With readings hitting -6.51 percent on Sunday, current wicks reveal bearish engulfing patterns. Many people who previously felt that Bitcoin was their means of hedging against inflation have had to reconsider their positions as a result of growing inflation.

people are questioning why a multi-trillion-dollar crypto-economy is suddenly worth $1.11 trillion.

source insidebitcoins.com

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