Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
One observer said the pullback could soon run out of steam as selling pressure from wallets with a history of holding coins for the long term is weakening.is on the defensive under $69,000, nursing a 2.5% drop on a 24-hour basis, having briefly climbed to a high of $69,300 during the Asian trading hours.
“The U.S. CPI report, which in recent years has caused a spike in volatility comparable to NFP , has an impressive potential to influence the market on Wednesday,” said Kuptsikevich.
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