# Fear Grips Wall Street

*Author: Bankless*
*Published: Aug 2, 2024*
*Source: https://www.bankless.com/fr/fear-grips-wall-street*

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Fear Grips Wall Street
    
  

  
  Published on Aug 2, 2024

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Fear Grips Wall Street
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/Group-14--83-.png)](https://www.bankless.com/dashboard)- 😨 **Grim U.S. Job Numbers Roil Markets. **Volatility is back on the menu.
[*Read more on Bankless.com*](https://www.bankless.com/grim-u-s-job-numbers-roil-markets)
- 📈** Polymarket Surpasses $1B in Total Trading Volume. **The popular predictions market had its best month ever in July as it attracted more election attention.
[*Read more on Bankless.com*](https://www.bankless.com/polymarket-surpasses-1b-in-total-trading-volume)
- 🏦** Morgan Stanley Advisors Soon Can Offer BTC ETFs to Clients. **Financial advisors at the financial giant will be able to offer BTC ETFs to clients with net worths north of $1.5 million.
[*Read more on Bankless.com*](https://www.bankless.com/morgan-stanley-advisors-now-allowed-to-offer-btc-etfs-to-clients)
[](https://www.bankless.com/uniswap-extension-browser)

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    MARKET VIBES

  
  

    Correction O'Clock
  
   
     
   
     
    
 

**📸 Daily Market Snapshot:** Recession fears reignited as brutal July job numbers were released. The Nasdaq officially entered correction territory with today's 2.4% decline bringing it down 10% from its most recent all-time high. The fear also spread to crypto, bringing ETH down 5% on the day, with alts crashing hard as well.

Prices as of 5pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.22T
       

 
    
    ↘3.9%
    
    
  

  
    
    ↘7.9%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $61,860
       

  
    
    ↘4.5%
  

   
    
    ↘8.8%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,991
       

  
    
    ↘5.3%
    
  

   
    
    ↘8.3%
    
  
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/29587.png)
    

  **W**
   
          $0.225

       

  
    
    ↘6.1%
    
  

   
    
    ↘22.2%
    
  

  

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🔒**New Token Rating: Wormhole** is unlocking a substantial percentage of circulating supply tomorrow. Can W holders finally catch a break after 4 months of down-only price action?[Unlock W on Token Hub](https://www.bankless.com/tools/token-hub/wormhole)

.  .  .

 
  
    

LEARN

  
  
    
   
Get Schooled on ETH L2s
  
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/image---2024-08-02T155549.834.png)](https://www.bankless.com/read/topic/guides)**There are plenty of layers to Ethereum.** 

You've seen us write about plenty of different Layer-2 networks on Bankless, but what really makes them each stand out from one another? We've spent a good chunk of this past couple weeks updating our most popular guides on Ethereum's most popular L2s.

Click through for free, newly updated Guides to [Optimism](https://www.bankless.com/the-bankless-guide-to-optimism), [Arbitrum](https://www.bankless.com/the-bankless-guide-to-arbitrum), [Starknet](https://www.bankless.com/the-bankless-guide-to-starknet), [ZKsync](https://www.bankless.com/the-bankless-guide-to-zksync), [Polygon](https://www.bankless.com/the-bankless-guide-to-polygon), [Base](https://www.bankless.com/the-bankless-guide-to-base), [Scroll](https://www.bankless.com/the-bankless-guide-to-scroll), [Linea](https://www.bankless.com/the-bankless-guide-to-linea) and more!👇

[See All of Our Guides](https://www.bankless.com/read/topic/guides)
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