Source: Economic Times [India]
“Blue-chip cryptocurrencies Bitcoin and Ethereum declined on Friday as investors awaited a crucial US jobs report that could influence the Federal Reserve’s decision on interest rate cuts. As of 12:38 pm IST, Bitcoin was down 1% at $56,413, while Ethereum fell 1.2% to $2,377. Other cryptocurrencies also experienced losses: Solana was down 1.7%, XRP by 1.6%, Chainlink by 2%, Polkadot by 0.3%, Litecoin by 1.7%, and NEAR Protocol led with a 3.6% drop. … Meanwhile, the global cryptocurrency market capitalization declined by 0.61% to $1.98 trillion over the last 24 hours. … In the last 24 hours, the market cap of Bitcoin, the world’s largest cryptocurrency, rose to $1.104 trillion. Bitcoin’s dominance is currently 56.17%, according to CoinMarketCap. BTC volume in the last 24 hours fell 3.8% to $29.8 billion.” (09/06/24)