The US economy is shrouded in fog, and BTC plummeted to $60,500 in one day, hitting a three-week low. Altcoins fell into the abyss, with SOL, TON, and UNI leading the decline of more than 5%, and ETH falling below the $3,000 mark. Trump assisted the BTC conference, and the price quickly fell after hitting $70,000 on Monday. Shorts were rampant on Thursday and Friday, and the price bottomed out again. The US economic data was not good, the unemployment rate climbed to 4.3%, market panic spread, funds fled BTC ETF, and Wall Street fell simultaneously. The market value fell below $1.220 trillion, and the dominance of altcoins was nearly 53%. Mainstream coins such as ETH and BNB were hit hard, and the decline of Solana and Toncoin intensified. The overall crypto market value plummeted by $150 billion in two days, and the market urgently needs to stabilize.

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