Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for ‘Wild Wednesday’ of FOMC, CPI Report

Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for ‘Wild Wednesday’ of FOMC, CPI Report

Cryptocurrencies plunged deeper into correction territory on Tuesday, with bitcoin (BTC) dropping to nearly $66,000. This comes as traders brace for Wednesday’s key U.S. inflation report and Federal Reserve meeting. Bitcoin (BTC) started the day trading around $70,000 but fell to a three-week low of $66,170 during the U.S. session. It slightly rebounded to approximately…