Cryptocurrency Market Volatility: Long-Term Holdings & Economic Data Drive Shifts

Following US inflation data, cryptocurrency prices initially surged but later subsided. Bitcoin’s price dipped to $110,000, aligning with anticipation of significant market changes in the coming days. Analyst Mister Crypto advises caution, urging investors to approach the upcoming announcements with prudence. Meanwhile, long-term holders are liquidating their Bitcoin holdings while short-term traders are taking advantage of the dip.