Leading cryptocurrencies slid Thursday as lower-than-expected private sector job growth heightened concerns around the economy and dampened risk appetite.

CryptocurrencyGains +/-Price (Recorded at 9:15 p.m. EDT)Bitcoin (CRYPTO: BTC)-3.10%$56,201.04Ethereum (CRYPTO: ETH) -3.14%$2,376.07Dogecoin (CRYPTO: DOGE) +0.22%$0.09837

What Happened: Bitcoin went downhill over the past 24 hours, tumbling to an intraday low of $55,870. The leading cryptocurrency clawed back to $56,500 by late afternoon and remained rangebound.

Ethereum's choppy action also continued, as the world's second-largest cryptocurrency dipped below $2,400 after breaching the level a day before.

The total cryptocurrency liquidations exceeded $95 million in the last 24 hours, with about $72 million in bullish leveraged bets getting wiped out.

Bitcoin's Open Interest fell 2.24% in the past 24 hours, aligning with the spot price decline.

The market slipped into "Extreme Fear" for the first time in nearly a month, according to the popular Cryptocurrency Fear & Greed Index, implying that investors were anxious.

Top Gainers (24-Hours)

CryptocurrencyGains +/-Price (Recorded at 9:15 p.m. EDT)Helium (HNT)+6.62%$8.34DOGS ...

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