Major reason behind SHIB, WIF, FLOKI and PEPE's price decline
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The crypto market led by Bitcoin has seen whipsaw trading action in the last 24 hours. Bitcoin prices rose after the Consumer Price Index print came in higher than predicted on Wednesday. The gain, however, was short-lived, as Bitcoin's price fell following comments from Fed Chair Jerome Powell.and the entire crypto market deepened losses on Thursday ahead of the release of economic data that could shed light on the Fed's future path.
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