The market is buzzing after the latest jobs report under #USNFPBlowout 📊 Strong employment numbers are usually a good sign for the economy and can boost confidence in the long run, which sometimes spills over into crypto.
But crypto traders know it’s not that simple — really strong NFP numbers can also spark fears of tighter monetary policy, which could trigger short-term selling pressure. That’s why we’re seeing a lot of volatility right now.
At the moment, the market feels split between optimism and caution. Watching price action, volume, and how investors react seems like the smartest move while the dust settles.