#MarketTurbulence The cryptocurrency markets are experiencing significant instability. Bitcoin dropped by 2.10% at 11:11, reaching $118,940 after briefly touching $124,480. This drop follows alarming U.S. inflation data. Ether is not spared, and altcoins like Solana, XRP, and Dogecoin have also suffered significant losses, exceeding 5% in a single day due to low summer liquidity and increased sensitivity to market sentiment changes.

*Volatility Factors:

- Economic Data: U.S. inflation figures influence global financial markets.

- Regulation: Discussions about new laws in the United States could impact the crypto market.

- Geopolitical Tensions: Global political uncertainties contribute to volatility.

- Crypto IPO Overheating: The excitement around cryptocurrencies, particularly related to Trumpian euphoria, injects increased volatility.

It is essential to monitor economic indicators and regulatory decisions to understand market movements.