The cryptocurrency market took another hit on Sept. 3, with the total market capitalization dropping by over 1.5% to about $2.03 trillion. This plunge has left many market participants questioning the core catalysts behind this downturn, and how much longer it may continue. Let’s look at the factors driving the crypto market down today. Cryptocurrency prices dive on weak manufacturing dataThe crypto market is selling off, mirroring the weakness witnessed in US equities with the with the S&P 500 seeing its worst slump since the Aug. 5 market meltdown. The S&P 500 was down 1.8% two hours after t…