US recession fears hit crypto and equity but Japan rate hike the real culprit

US recession fears sparked by the job growth figures released after market hours on Friday weighed on the global equity market and the crypto sector on Monday. The US Labor Department underlined that the unemployment rate in July rose month-on-month. As per Coinglass analysis, over 277,000 traders liquidated their BTC holdings in 24 hours, briefly

Source: Cryptopolitan