📊 US Non-Farm Payroll Report: The Next Big Test for Crypto
Rosetta Licciardi Yr8f
Updated at: 3 hours ago
{"content":"📊 US Non-Farm Payroll Report: The Next Big Test for Crypto 📊
The NFP report drops this week — and crypto traders are watching closer than ever.
🔑 Why It Matters:
Weak jobs + higher unemployment → Fed more likely to cut rates → Risk assets rally (BTC, ETH 🚀).
Strong jobs data → Fed may delay cuts → Dollar strengthens, crypto could dip.
⚡ Last month, Bitcoin rallied above $111K on dovish bets. This time, the NFP could decide if BTC makes another push toward $120K+, or faces a pullback.
👉 For crypto, jobs data isn’t just economic noise anymore — it’s a direct market catalyst. With liquidity and rate cuts on the line, the NFP report could set the tone for September.
#USNonFarmPayrollReport #FedRateDecisions #BinanceAlpha $BTC
{spot}(BTCUSDT)
$ETH
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