Bitcoin Dips Below $67,000 Amid Pre-Inflation Report Market Jitters

Bitcoin fell below $67,000 as the Wall Street market opened on June 11, experiencing a classic pre-inflation report downturn. Data from Cointelegraph Markets Pro and TradingView indicated that Bitcoin reached new local lows of $66,696 on Bitstamp, marking its worst performance of the month. After nearly 24 hours of continuous decline, Bitcoin could not reverse the trend, with risk assets bracing for a flood of U.S. macroeconomic data and Federal Reserve commentary. BTC/USD was down 3.6% on the day, with traders targeting further declines potentially reaching $60,000. “Getting closer to support. “Will be looking to enter longs if a reversal