Table of Contents
- Whale Activity and Market Impact
- Investors Await Tech Earnings Results
- Impact of Upcoming Inflation Data
- US PCE Inflation and Job Data
- Declining Network Usage and Investor Sentiment.
Bitcoin, the leading cryptocurrency, recently dipped below the $59,000 mark, a decline of 6% from its recent highs. This drop comes amid a broader downturn in the crypto market and a series of other financial and macroeconomic factors impacting investor sentiment.