The crypto universe has concluded another week with remarkable developments unfolding across the broader market. Amid the ongoing U.S. presidential election buzz, the cryptocurrency prices witnessed quite the volatility. Bitcoin slipped from a $68K level to a slumping $60K low over the past seven days. Meanwhile, the altcoin market has mainly followed this turbulent movement.
Here’s a collection of some of the hot crypto market updates reported over the past week.
Crypto Market Tackles Turbulence
Notably, recent economic events have presented the flagship crypto with quite the uncertainty. This week saw the Federal Reserve keeping the interest rates unchanged once again, raising investor concerns while also impacting markets.
Moreover, the release of U.S. jobs data has brought further volatility to the broader industry. The U.S. unemployment rate came in hot at 4.3% for July, crossing expected 4.1%. Further, the nonfarm payrolls unveiled that only 114,000 jobs were added in July. Col
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