The past 24 hours in the cryptocurrency market felt like watching a grand chandelier wobble before finally letting a few crystals fall. The market cap shrank 3.8% to $3.42 trillion, wiping out nearly $130 billion in what looked like an industry-wide cooldown. Bitcoin (BTCUSD) did not escape the turbulence either.
It slipped below the $100K mark and ended its latest session down 3.9% at $94,859.63. Stocks were not immune either. The U.S. government’s messy restart has raised concerns among economists, who fear that some federal economic data lost during the 43-day shutdown may never be fully restored.
