Bitcoin (BTC) price slips almost 1% in early morning trading as overall markets are calm but anxious about the US inflation figures coming out later today. The risk at hand could be an upside surprise, as seen with the job numbers last month which would see a persistently strong dollar get even stronger. Increased dollar strength could choke Bitcoin bulls and squeeze them out of their positions with technical support set to catch any nosedive moves.
Dogecoin price has undone all the gains amassed since the second quarter of 2021. This massive U-turn comes as the crypto markets remain susceptible to sellers and changes in the traditional finance markets.
Crypto.com price shows little response to the fundamental developments that are surrounding the company. This lack of response can be attributed to the current market conditions, which are largely bearish and have been so for nearly a year.
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