The latest US Non-Farm Payroll (NFP) report is a key macro event that often sets the tone for both crypto and traditional markets. Strong job data usually signals economic resilience, which can strengthen the USD and create short-term pressure on risk assets like crypto. On the other hand, weaker-than-expected numbers may fuel expectations of rate cuts, giving bulls a reason to step in.
For traders, volatility around NFP releases is normal. Itโs important to manage risk, avoid over-leveraging, and wait for confirmation after the initial market reaction. Smart money watches how BTC, ETH, and the DXY respond before making major moves.
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