Heavy institutional selling pressure triggered a technical breakdown in DOT.
Polkadot Slumps as Bears Break Key Support at $2.87
Heavy institutional selling pressure triggered a technical breakdown in DOT.
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The headline year-over-year pace edged down to 2.3% and the core rate was flat at 2.8%.
Price action has formed a higher-low pattern with bullish momentum, though market caution persists.
Digital assets are expected to stay highly correlated with equities amidst the upcoming macro calendar, the report said.
Bitcoin's dominance lost a key level, and confirmation could ignite a broader altcoin season, a Coinbase analyst noted.