Thanks to the incoming US jobs report and developments concerning the failed Mt. Gox exchange, this could be a wild week for Bitcoin!

Bitcoin’s extended losses have set off alarm bells for bulls, with prices sinking below $60,000 for the first time since early May!

Revisiting our article from Tuesday, June 11th, we highlighted that Avalanch, Dogecoin, and Solana were likely to outperform on a jam-packed Wednesday (US CPI release and latest Fed meeting). Those 3 cryptos duly delivered outsized moves, but there was a surprise outperformer on the day!

The world's 2 largest cryptos, Bitcoin and Ethereum, are both falling over 3% each, ahead of Wednesday's highly anticipated US inflation data and the Federal Reserve's policy signals. But other cryptos could offer bigger opportunities for traders tomorrow.