Crypto markets pulled back after the US Labor Department revised payroll figures down by 911,000 jobs for the year ending March 0 is recorded as the largest annual adjustment in history, surpassing the 2009 financial 1 price dropped back to $111K zone after trading above $113k in the 2 also took a hit as the cumulative crypto market cap dropped below $3.9 3 has been a dominant force among the top 10 cryptos lately. However, it remained to trade under increased selling 4 data shows that more than 169K traders got liquidated over the last 24 5 total liquidations (both long and short bets) breached the $342 million 6 last 24 hours saw more than $64 million worth of long and short positions being 7 $52 million worth of liquidated positions (81%) turned out to be long 8 suggests that traders were hoping the crypto market would recover , but the jobs data pulled it 9 Liquidation Data,) September 9, 2025 The report highlights that a 25 basis point cut is expected by the Federal Reserve at its meeting next 10 it happens, then this would mark the first Fed rate cut in over 30 years with PCE inflation at or above 2.9%.
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