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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Market Volatility: Crypto Market Cap Drops $60B Following Employment Data Revision
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.