🔽 Bloody Night for the Markets
Amid the release of U.S. labor market data that fell short of expectations, the S&P 500 lost $2.2 trillion in market capitalization.
To put this in perspective, that’s more than the entire market capitalization of the crypto market.
BTC fell to $52,550 overnight, while ETH plummeted by 7% to $2,150, and the rest of the altcoins held up relatively well.
