The Ramsar market fell sharply this week, as a combination of poor economic data, new commercial tensions, and widespread profit harvesting led to widespread sales of Bitcoin and the main penis. The Ramsar market coinued to fall and the total market value fell to $ 1.5 trillion.
The drop came following the release of a poor non -agricultural employme report on Friday. The volume of compulsory lycoid has reached more than $ 1.5 billion over the past two days. Bitcoin has fallen from $ 2 to $ 5 in the last Saturday review from the historic peak of July, while penicians such as Pi Network (PI), Ethena (ENA), Conflux (CFX) and FartCoin (FartCoin) have been reduced by more than 5 %.
The Ramsar market fell sharply after the release of poor US non -agricultural employme statistics on Friday. Reports showed that the US economy has only created jobs in July and the unemployme rate rose to 4.9 perce. Worse, the Bureau of Statistics has reduced employme figures in the past two mohs, which means that the average employme growth in the last three mohs has reached 4 job positions, the lowest level since the beginning of the epidemic.
US Preside Donald Trump claimed in Truthsocial that employme statistics had been manipulated to end his and Republican detrime. He then dismissed Dr. Erika MCearfer as the head of the Bureau of Labor Statistics. For this reason, the Ramsar market was under pressure, as investors doubted the accuracy of US economic data, which play an importa role in federal ierest rate decisions.
Also, the Ramras market is in the middle of new commercial tensions. Trump has imposed tariffs on major trading couries, including India, South Africa and Switzerland. Although the United States has reached agreemes with couries such as Japan, the European Union and South Korea, it has maiained a 5 % base rate. These tariffs can slow down the US economy, as this week’s employme data showed. This was also one of the reasons for the fall of stock markets on Friday, in which the Dow Jones and Nasdaq 100 indexes dropped more than 5 units.
Finally, the fall of the Ramsar market has also been exacerbated by the harvest of profit and forced lycid. In financial markets, profit harvesting after a sharp rise in prices is a common phenomenon. This indicates why bitcoin and the penis are usually corrected after strong mutations. For example, bitcoin has historically eers the reform phase or eers the descending market. Recely, after the new record in May, it has declined by 5 %. It also retreated from the historic ceiling of $ 2 in January to $ 2 in April.
In addition, the Ramsar market has faced a wave of compulsory lycides that have increased sales pressure. According to Coinglas, more than $ 5 million of Ramsar was liced on Friday, reaching $ 5 million on Saturday.
