Global Crypto Market Cap Falls Below $2T Amid $150B Loss and Bitcoin Volatility

The global cryptocurrency market experienced significant volatility over the past week, with Bitcoin falling below $54,000 following the release of jobs data. This drop contributed to a larger decline in the global crypto market cap, which lost $150 billion, ending the week at $1.92 trillion. Despite this, Bitcoin recovery trends indicate steady growth amid declining volatility. Additionally, market share by production of public Bitcoin miners has reached a new high.