Dogecoin (DOGE) and Cardano (ADA) experienced a 4% decline in the past 24 hours as traders anticipated U.S. payroll data. Bitcoin (BTC) was trading just above $97,300, reflecting a 1.7% drop. The CoinDesk 20 index of major tokens fell 2.3%. A recent sell-off in the crypto market caused Bitcoin to fail in reclaiming the $99K resistance level. Ether (ETH) also saw a 2% decrease, while XRP outperformed BTC with a smaller decline of 1.1%. In contrast, Solana (SOL) rose by 0.2% with predictions of it reaching $520 by the end of 2025. Traders highlighted ongoing volatility within the market, influenced by China’s tariff policies and potential future tariffs from the U.S. government. The U.S. Non-Farm Payrolls report on job creation and unemployment significantly impacts market sentiment and the liquidity of risk assets like Bitcoin, suggesting a cautious outlook for investors as strong job growth might raise inflation fears, altering interest rate expectations.

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