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Market Volatility: Crypto Market Cap Drops $60B Following Employment Data Revision
GateNews
Gate News bot message, the cryptocurrency market experienced a notable shift as employment data revision triggered a $60 billion decrease in total market capitalization. The current market cap stands at $4.13T, with traders maintaining a cautious stance before upcoming inflation reports and the Federal Reserve’s rate decision scheduled for September 17.
Bitcoin is trading at $112,550, showing a 0.37% decline, while Ethereum is priced at $4,329, down 0.58%. The Fear & Greed Index remains at 49, indicating a neutral market sentiment. The market has recorded $260M in liquidations during this period.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
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