Ether Leads Crumbling Crypto Prices in Shocking Reversal From Early Rally

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What to know:
Crypto markets reversed early gains and tumbled after weak U.S. job growth initially sparked rate-cut optimism.
Ether (ETH) led the drop, shedding nearly 4% in minutes, while bitcoin (BTC) fared better with a milder decline.
Already having priced in a 25 basis point rate cut for September, traders upped bets on a possible 50 point move.
Things, however, quickly reversed following the opening of the stock market. Leading the way lower, was ether (ETH), which shed nearly 4% in a manner of minutes and is now down by 1.5% over the past 24 hours at $4,279. Solana
SOL
$203.30
and XRP
XRP
$2.8182
suffered similar percentage-wise declines. Bitcoin
BTC
$110,872.11
outperformed a bit, sliding closer to 2.5%, but still remaining slightly higher over the past day at $110,500.

top losers past 24 hrs

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Exit

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🎯 Target: 4313/4323
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Target 1 done

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