The crypto market witnessed a 200 billion USD decline recently, with Bitcoin dropping to 93,000 USD after failing to maintain above 102,000 USD. As altcoins suffer, Bitcoin’s dominance increased by 2%. Besides general downturn, interest in AI agents remains strong, seen in Binance’s recent listings.

US job data intensified inflation concerns, casting doubts on future Federal rate cuts. This pessimism impacted BTC and broader markets, contributing to the recent sell-off. Chairman Jerome Powell hinted that rate cuts might not extend beyond 2025, adding uncertainty to the investment landscape.