@axelllll
📉 Market Overview
With soft labor data, renewed doubts about Fed rate cuts, and almost $1B in BTC ETF outflows, the market crashed. Bitcoin fell to a 5-month low, dragging the entire market down, with long liquidations reaching $970M.
Bitcoin: $97,359 -6.2%
Ethereum: $3,210 -9.5%
All major altcoins are in the red again, following the ETH and BTC squeeze. The main loser is IP at -18%, followed by AERO at -16%, and AAVE and JUP at -13%. Only SYRUP held up well, gaining 4%.
Market Cap: $3.48T
Liquidations: $1.1B
Fear & Greed Index: 16 (Extreme Fear)
Altcoin Index: 31/100