Bitcoin

<ul><li>Bitcoin&#39;s recent fall under $67K marks its lowest since early April, with massive market liquidations.</li><li>Gold and S&amp;P 500 also witness sharp declines, reflecting widespread anxiety over potential inflation hikes.</li><li>Bitcoin maintains a 54.2% dominance as the total crypto market cap drops to $2.45 trillion, with trading volume surging 78% to $140.54 billion.</li></ul>Markets experienced a significant downturn on Friday, as Bitcoin plunged below the $67K mark for the first time since April 4, triggering over $850M in liquidations within a single day. The <a href="https://cryptotale.org/microstrategys-bitcoin-strategy-yields-over-4-billion-in-profits-eyes-sp-500-inclusion/" rel="noopener noreferrer nofollow">S&amp;P 500</a> and gold were not spared, recording declines of 1.5% and 3.4% respectively. This simultaneous retreat across various asset classes highlights growing concerns among investors about potential hikes in consumer prices and overall inflation.Santiment, a market <a href="https://twitter.com/santimentfeed/status/1778899101939011588?t&#61;UXwmPens_jIxpYbrBAh-pA&amp;s&#61;19" rel="noopener noreferrer nofollow">intelligence platform</a> with on-chain and social metrics for cryptocurrencies, shared this insight on X, highlighting a broad market retreat as Bitcoin, S&amp;P500, and Gold all pulled back significantly.Bitcoin&#39;s sharp 5% decline underscores the volatile nature of cryptocurrency investments, particularly in times of economic uncertainty. Moreover, the substantial liquidations suggest that many investors were caught off guard, possibly over-leveraged, and compelled to <a href="https://cryptotale.org/bitrue-drainers-massive-crypto-sell-off-shakes-market-values/" rel="noopener noreferrer nofollow">sell off</a> assets to meet margin requirements.Gold typically serves as a hedge against <a href="https://cryptotale.org/can-crypto-combat-inflation-in-the-us/" rel="noopener noreferrer nofollow">inflation</a>, yet the fall in its price indicates that even traditional safe havens are not immune to the broader economic tremors currently shaking the markets. Similarly, the S&amp;P 500&#39;s decline further exemplifies the widespread nature of the sell-off, driven by fears that persistently high inflation could prompt tighter monetary policy sooner than expected.<a href="https://cryptotale.org/market-tumbles-as-bitcoin-sp500-and-gold-retreat-amid-inflation-fears/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|&#x1f4f7;

Market Tumbles as Bitcoin, SP500, and Gold Retreat Amid Inflation Fears

CryptoTale

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