“The recent strong [U.S.] CPI data has further cooled the expectation of a Fed rate cut, and gold prices have also tumbled. The recent surge in bitcoin prices has been too fast for the market to price correctly, so the a current correction is expected,” Greta Yuan, Head of Research at VDX, a Hong Kong-licensed exchange said in a note.

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• Source: https://www.coindesk.com/markets/2024/03/15/bitcoin-tumbles-to-67k-as-asia-begins-trading-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines