Crypto Crash: Strong U.S. Economy Sends Bitcoin and Altcoins Spiraling

Bitcoin’s Rollercoaster Ride: Tumbles Below $100,000 After Economic Data
Bitcoin and Stocks Fall: Fed Rate Hopes Fizzle
Risk-On Retreat: Bitcoin Sinks, Ether Dives, and Stocks Tumble
Inflation Fears Loom as Bitcoin Dips to $97K
Crypto Market Shaken: ETFs Soar While Prices Plunge

Bitcoin Falls: Bitcoin dropped from an overnight high of $103,000 to $97,000 on Tuesday.

Labor Market Data Impact: Strong U.S. labor market data reduced hopes of further Federal Reserve rate cuts.

Risk-on Assets Decline: Bitcoin and other cryptocurrencies typically fall when interest rate cuts seem less likely.

Crypto Stock Losses: Crypto-related companies like MicroStrategy, Coinbase, and Marathon Holdings saw significant stock declines.
Non-Bitcoin Cryptos Hit Harder: Ether fell 8%, and Solana dropped over 7%.

ETF Inflows: Bitcoin ETFs saw inflows near $1 billion on Monday, while Ether ETFs had $128.7 million in inflows.

Inflation Concerns: Investors worry about a possible inflation resurgence, similar to the 1970s.

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