India, Sept. 1 -- Geopolitical tensions in the Middle East that have pushed crude oil prices and bond yields higher have dampened sentiment in the cryptocurrency markets as well. The soft labor market update from the U.S. however limited losses.
Brent crude oil rising more than 4 percent overnight to surpass $92, sovereign bond yields rising to multi-decade highs as well as the dollar's strength reverberated in the cryptocurrency markets as well.
Data released by the U.S. Bureau of Labor Statistics on Tuesday morning showed job openings increasing to 7.27 million in July from a downwardly revised 7.18 million in June. Markets had anticipated a level of 7.30 million.
Overall crypto market capitalization has dropped 0.14 percent overnight ...