The cryptocurrency market is experiencing significant volatility as traders anticipate key economic data and decisions from the Federal Reserve this week. Bitcoin has dropped by 3% and is trading below $70,000, hitting a weekly and June low ahead of the Federal Open Markets Committee's interest rate decision and the release of U.S. inflation data. Investors are particularly focused on the Consumer Price Index (CPI) and Producer Price Index (PPI) data, which are expected to influence the Fed's monetary policy. The outcome of these events is likely to cause further market swings, with Bitcoin ETFs ending a month-long inflow streak as traders remain on edge ahead of the Fed meeting.