📉 The crypto market experienced its biggest three-day drop in a year, losing $313 billion since August 2.
- The fall coincided with a decline in the S&P 500 by 4.4%.
- Weak employment data and slowing growth at tech giants such as Microsoft and Intel have fueled recession fears.
- Solana (SOL) fell by 25.7%, Bitcoin (BTC) and Ether (ETH) fell by 14% and 17%, respectively.
- The fear and greed index dropped to 26, indicating "fear."