Bitcoin Falls Before Important Price Report
Popular cryptocurrencies dropped on Monday because investors worried about rising prices.
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Cryptocurrency markets had problems on Monday. Bitcoin dropped to $118,905.51, down 0.20%. Before this, Bitcoin went over $122,000 on Sunday.
Ethereum also changed a lot, trading between $4,350 and $4,168.87. Many traders lost money - over $550 million in 24 hours. The total crypto market was worth $3.98 trillion, up 1.19%.
People are waiting for Tuesday's CPI report about inflation. Some coins did well: Ethena went up 9.22% and Raydium up 8.95%. One expert thinks Ethereum could reach $10,000 by 2025.
Another expert thinks Bitcoin might fall more. Stock markets also went down.
Original Article
benzinga.comhttps://www.benzinga.com/crypto/cryptocurrency/25/08/47049002/bitcoin-dips-ahead-of-cpi-release-ethereum-dogecoin-also-slide-analyst-calls-eth-the-fastes