🚨 Crypto Market Alert! 🚨

- The global crypto market cap has dipped 3.3% in the past 24 hours, now at $2.22 trillion, according to CoinGecko.

- Trading volume fluctuates between $80B and $87B as bearish trends dominate.

- Bitcoin (BTC) dropped below $61,000, currently trading at $60,800, with an intraday low of $60,300.

📉 Key Insights:

- Whale transactions ($100K+ BTC) fell from 10,098 to 8,176, indicating market uncertainty.

- BTC funding rate surged from 0.004% to 0.007%, showing bullish bets.

- BTC's RSI stands at 45, signaling a neutral zone ahead of the U.S. CPI report.

📊 Policy Watch:

- U.S. CPI for August was 2.5%; expected to drop to 2.3%, potentially leading to a rate cut in November.

What are your thoughts on the market trends? Share in the comments! 💬