#BinancehodlerSOMI Binance announces the listing and airdrop of 30,000,000 SOMI while Bitcoin reaches 109,000 dollars.
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Fear is advancing with the intensification of trade tensions promoted by Donald Trump, but some wallets see opportunity and advance on various tokens.
#USNonFarmPayrollReport The cryptocurrency market retreated to a market capitalization of 3.77 trillion dollars (-0.3%) on the morning of this Monday (1st). On that occasion, Bitcoin (BTC) was orbiting around 108,200 dollars (-0.1%) with a market dominance of 57.4%, investor fear sentiment (39%) and most altcoins in the red. Meanwhile, Binance announced the listing and airdrop of Somnia (SOMI).
The outflow of liquid capital from the cryptocurrency market occurred due to the absence of catalysts and the limitation of liquidity in global exchanges, due to Labor Day in the United States and Canada. For its part, the S&P 500 and Nasdaq indices, historically associated with BTC performance, retreated to respective 6,240.26 (-0.64%) and 21,455.55 points (-1.15%) last Friday (29).
Throughout the week, however, cryptocurrency investors can expect volatility, depending on the Jolts and ADP reports about the labor market in the U.S., and the Beige Book, which addresses the outlook of the largest global economy. Additionally, markets must also evaluate the rapprochement between India and China, seen as a response to the tariff war promoted by President Donald Trump against the two Asian giants.
#TrumpFamilyCrypto #MarketPullback
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