Bitcoin falls below $61,100 ahead of US inflation data; Solana, Shiba Inu drop up to 4%

Avinash Shekhar, Co-Founder & CEO of Pi42, noted, "Bitcoin is showing bearish momentum. The Crypto Fear & Greed Index dropped to 39, entering the 'Fear' zone, indicating fear dominance in the market. Traders are waiting for US economic data, which may shift investor sentiment in this highly volatile environment."