U.S. Job Data Drives Crypto Market Volatility

The release of the U.S. JOLTs job opening data on September 3rd caused a ripple effect through both the dollar index and cryptocurrency markets. The resulting volatility impacted Bitcoin (BTC) and Ethereum (ETH), triggering institutional buying activity in Bitcoin, particularly when the DXY weakened. Notably, H100 Group increased its Bitcoin holdings by 47.16 BTC during this period. Experts suggest that this increase highlights institutional interest as they seek to capitalize on volatility.