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.

Are Bitcoin bulls gearing up for another charge higher? Well, the world's largest cryptocurrency has jumped almost 5% this week, trading around $71,000 as of writing.