The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows.
Subdued action in the market can be traced back to a variety of factors ranging today’s record-high Consumer Price Index print and a raging US dollar that recently hit its highest level since October 2002.
Data from Cointelegraph Markets Pro and TradingView shows that July 13 marked the fifth consecutive day of a declining BTC…
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