The crypto market is at risk of a steep crash as the WTI crude oil price jumped and flipped Brent, while the US published strong non-farm payrolls data showing Bitcoin price dropped to $66,300 with top altcoins like Solana and XRP remaining in a bear market. The trend continued after the US published strong non-farm payrolls (NFP) data, which showed that the economy created 178k jobs in March as the unemployment rate fell to 4.3%, with Bloomberg analysts expecting payrolls to pick up steam through June. Third-party data shows that the crypto market is at risk, with the Crypto Fear and Greed Index remaining in the fear zone while futures open interest continues falling, with technicals suggesting that Bitcoin price is on the cusp of a strong bearish breakdown. Crypto markets, increasingly correlated with traditional risk assets, face volatility as traders weigh inflation pressures from elevated oil prices against labor market strength, though any ceasefire progress or diplomatic breakthroughs could trigger a relief rally across risk assets including crypto.