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Bitcoin Price and Ethereum – Positive US Nonfarm Payroll to Put Pressure on Cryptocurrencies

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During the early European session, the global cryptocurrency market capitalization fell 1.39% to $957.46 billion. Over the past 24 hours, the total volume of the cryptocurrency market has decreased by 5.82% to $55.83 billion.With a 24-hour volume of $3.11 billion, DeFi accounted for 5.55% of the entire cryptocurrency market.

This represents 92.59% of the total 24-hour volume in the cryptocurrency market, or $51.82 billion.Investors factored in the United States' surprisingly positive nonfarm payroll and unemployment figures during the European session.

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