## Market Correction Explained: Job Data Revision Triggers Sharp ETH and Bitcoin Selloff
Yesterday's sudden market downturn revealed a critical underlying cause that sent shockwaves through the crypto space. Ethereum plummeted from $3,600 to $3,431, while Bitcoin struggled to maintain ground above $150,000, as major trading platforms executed significant portfolio adjustments simultaneously.
### The Employment Data Shock
The U.S. Bureau of Labor Statistics released revised employment figures that triggered an immediate market reaction. The agency significantly downgraded its earlier assessment
Yesterday's sudden market downturn revealed a critical underlying cause that sent shockwaves through the crypto space. Ethereum plummeted from $3,600 to $3,431, while Bitcoin struggled to maintain ground above $150,000, as major trading platforms executed significant portfolio adjustments simultaneously.
### The Employment Data Shock
The U.S. Bureau of Labor Statistics released revised employment figures that triggered an immediate market reaction. The agency significantly downgraded its earlier assessment