A Volatile Week Ends in Green

The crypto market ended the first week of September on a high note despite a pullback that dragged its aggregate capitalization under $2.8 trillion. Market data shows the week opened just above $2.71 trillion before mid-week volatility left values largely flat. A subsequent marketwide rally propelled total capitalization to a weekly peak of $2.82 trillion. Despite a pullback following U.S. jobs data, the crypto market held onto a 2% weekly gain.

Bitcoin again led the crypto market with its Thursday surge to over $82,200, its highest level in more than three months, helping propel the aggregate market cap past $2.8 trillion. While the top cryptocurrency’s quick reversal ate into its gains, its late…