The crypto market today is down 2.90%, with major cryptocurrencies like Bitcoin and Ethereum experiencing declines. A major reason is the revised US Nonfarm Payrolls (NFP) data that shows 818,000 fewer jobs added. Released by the Bureau of Labor Statistics, this data is in line with financial analysts’ concerns. This data point is key and could negatively impact the risk-on assets such as Bitcoin and trigger the crypto markets to crash.