Santiment: SP500 and gold are retreating with cryptocurrencies, indicating that inflation concerns are emerging in all sectors
Cryptocurrency intelligence platform Santiment reported that for the first time since April 4th, Bitcoin has fallen below $67,000. In the past day, over $850 million worth of Bitcoin contracts have been liquidated. The prices of SP500 and gold also retreated along with cryptocurrencies, indicating that concerns about CPI and inflation are emerging across all sectors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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