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Volatility surrounds Bitcoin on cryptocurrency purchase day and airdrop of 10,000,000 OPEN
The cryptocurrency market is heating up with the influx of liquid capital and the expectation that the payroll will reinforce signals for interest rate cuts from the Fed.
The cryptocurrency market had a market capitalization of $3.86 trillion (+0.7%)
Bitcoin was orbiting around $111,400 (+1.3%) with a dominance of 58%, investor neutrality (41%), and most major altcoins advancing. Meanwhile, Binance was initiating an airdrop for the newcomer OPEN.
Investors were signaling that the release of the payroll, the report on non-farm employment in the United States, could serve as a catalyst for markets like cryptocurrency.
