“The broader market has seen a minor adjustment at the start of this week due to the better-than-expected nonfarm payroll and lower unemployment,” Greta Yuan, Head of Research, at VDX, a regulated exchange in Hong Kong, told CoinDesk in an email interview. “The stronger labor market slightly diminished the hope of the Fed lowering the rate early next year. Gold price also dropped with the US dollar index rallied.”

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• Source: https://www.coindesk.com/markets/2023/12/11/btc-eth-sol-and-major-altcoins-begin-asia-business-day-in-deep-red/?utm_medium=referral&utm_source=rss&utm_campaign=headlines