In February, the U.S. Experienced a reduction of 92,000 in nonfarm payrolls, while the unemployment rate remained stable at 4.4%.
Average hourly earnings saw a month-over-month rise of 0.4%, indicating a year-over-year growth of 3.8%, which may suggest potential weaknesses in the labor market.
Analyst Peter Brandt suggests Bitcoin may not experience a significant rally until after September, while XRP trades near $1.39 with potential to test the $1.45 resistance level. Meanwhile, Shiba Inu saw substantial exchange inflows of 844 billion SHIB tokens, marking its highest inflow volume since 2026. The mixed signals reflect ongoing volatility in the broader crypto market as traders assess near-term price catalysts.
News coverage of cross-chain technology has intensified, with 3 articles published in the last 24 hours compared to 1 in the previous period. The spike includes updates on Kraken’s xStocks unified liquidity layer, discussions on interoperability as essential infrastructure for digital assets, and remarks from Cardano Foundation leadership on ADA development. The increased attention reflects growing focus on blockchain interoperability solutions.
Total market cap stands at $2.38T with 24-hour volume of $98.50B. BTC dominance at 58.79% and ETH at 10.40%. Major coins declined today: BTC -3.80% to $70.1K, ETH -3.64% to $2.1K, SOL -5.03% to $87.00, while TRX gained 0.96% to $0.29. Top gainers include OKB (+22.08%) and KITE (+8.48%); top losers JUP (-7.14%) and ASTER (-7.27%). Long/short ratios show elevated leverage: BTC 1.45, ETH 2.00, SOL 2.47. Options data indicates caution with BTC put/call at 0.68 (IV 61.1%) and ETH at 0.63 (IV 82.1%). Whale alert: 1,300 BTC ($99.0M) moved from OKEx and 23.0M USDC ($22.9M) transferred to Coinbase, suggesting mixed sentiment. Fear & Greed Index at extreme fear (18/100). In DeFi, Sentora TVL surged 48.2% to $1.5B. Treasury yields edged up: 2-year at 3.54 and 10-year at 4.09. Gold declined this week amid employment data. Market momentum remains cautious with downside pressure balanced by selective sector strength.
Etherlink, a layer-2 solution built on Tezos, offers developers EVM compatibility alongside on-chain governance and Tezos security infrastructure. The platform enables developers familiar with Ethereum tooling to build applications while leveraging Tezos’ underlying security model and governance mechanisms.
The Litecoin Foundation reported that the number of non-empty LTC addresses has climbed to 8.625 million. The metric has shown steady growth since the beginning of 2024, reflecting increasing network adoption and participation.
Gold prices are trading lower this week as market participants await the employment report. The data release is expected to provide insights into labor market strength and could influence broader economic sentiment. Investors are monitoring the report closely given its potential impact on monetary policy expectations and asset valuations.
Alchemy Pay has obtained a Money Transmitter License (MTL) in Delaware, USA. This license permits them to offer regulated money transfer services and fiat-to-crypto transactions.
With this addition, Alchemy Pay now holds MTL licenses in 15 states across the USA and aims to expand further with additional licenses. They are positioning themselves for growth in the fiat-to-crypto market and development of their own stablecoin.
The parent company of NYSE has made a significant investment in OKX, reflecting growing institutional interest in cryptocurrency platforms.
Kraken has gained access to the Federal Reserve’s payment system, enhancing its position in the financial ecosystem.
Investor Ray Dalio has raised concerns about Bitcoin’s effectiveness as a store of value amid market fluctuations.
Global Dollar has introduced USDG, a Treasury Bill-backed stablecoin with a 14 May 2026 maturity, issued on federally-regulated infrastructure. The token is now available on Pendle, transforming it into institutional fixed income markets. This development marks a step toward integrating traditional financial instruments with decentralized finance platforms.