Major cryptocurrencies declined, led by a 1.47% drop in Bitcoin as its trading volume fell 18% in 24 hours. Nearly $215 million was liquidated, including $149 million in long positions, while Bitcoin’s open interest fell 2% to $45.07 billion, marking a 52% decline from its October high and contributing to a 1.62% dip in total market capitalization to $2.35 trillion.

Investors awaited Wednesday’s US employment report for January, seeking fresh data on labor market strength and potential Federal Reserve policy direction. Concerns over tightening monetary policy kept risk assets under pressure as market participants parsed payroll and wage figures.

Technical analysts identified a TD Sequential buy signal on Bitcoin’s three-day chart, forecasting a rebound within 3–9 days from a critical support zone. Another chartist noted that sustained buying at this level could trigger a broader rally over the coming months.