Bitcoin (BTC), the world’s leading cryptocurrency, recently failed to maintain its upward momentum and has turned bearish.
After reaching an intra-day high of $69,977, BTC quickly fell to $67,039, and its current price stands at $67,600.32 with a 24-hour trading volume of $35.93 billion. This shift in trend was influenced by a surprising drop in U.S. inflation, which initially supported the upward move.