BlockBeats News, February 11: As the US prepares to release key employment and inflation data, investors are turning cautious, causing Bitcoin and other cryptocurrencies to fall.
Analysts say the market is currently in a consolidation phase, awaiting clearer guidance on interest rate direction. At the same time, demand is rising for downside protection of crypto-related stocks (such as Coinbase and MicroStrategy).
According to HTX market data, Bitcoin dropped by 2.16% in the last 24 hours, to $67,154; Ethereum fell by 2.7% in the last 24 hours, to $1,952.
