Crypto Market Plunges on Weak US Jobs Report
Bitcoin and Solana spot ETFs saw net inflows of $31.69 million and $1.30 million, respectively, while Ethereum and XRP saw their first outflows in October.
The global crypto market value dropped by 1.5% to $2.98 trillion in the last 24 hours, with Bitcoin dominance at 57.1%, according to Coingecko data.
A weak US jobs report added pressure on cryptocurrencies, with nonfarm payrolls rising by just 29,000 in September against a 90,000 forecast.