Leading cryptocurrencies retreated further on Wednesday as investors awaited the crucial inflation report for guidance on the direction of interest rate cuts.
Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m.
EDT)Bitcoin (CRYPTO: BTC)-3.12%$60,820.99Ethereum (CRYPTO: ETH) -2.97%$1,617.84XRP (CRYPTO: XRP) -2.81%$1.07Solana (CRYPTO: SOL) -3.07%$67.59Dogecoin (CRYPTO: DOGE) -3.47%$0.07620 Crypto Bloodbath Continues Bitcoin fell below $60,000 for the first time since October 24, as trading volume popped 40% over the last 24 hours.
The apex cryptocurrency is now down more than 51% from its record highs.
Ethereum fell to an intraday low of $1,550 before paring some of its losses overnight.
