š Global Crypto Market Takes a Hit
The crypto market stumbled hard this week, wiping out about $395.7 million in leveraged positions š¬. The total market cap dropped 3.1%, now sitting around $3.69 trillion.
š„ Major Coins in the Red
Bitcoin (BTC) fell 2.3% to around $107.9K šø
Ethereum (ETH) slid 3.7% to about $3,753 š
Over $334 million of the liquidations were long positions, showing traders got caught off guard by the sudden dip ā ļø
š Macro Tension in Focus
Investors are on edge ahead of the U.S. jobs report, a key signal for inflation and potential rate changes š¼š. Strong data could mean tighter monetary policy ā bad news for risk assets like crypto.
āļø Market Mood
The sentiment? Cautious š. Many traders are in wait-and-see mode, watching if this pullback is just pre-data jitters or the start of a deeper correction.
š§ What to Watch
Upcoming non-farm payroll data on job growth š·āāļø
Future liquidation spikes on exchanges š
Support levels for $BTC and $ETH š§±


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