$ETH 📌 $BTC 🛑 Key Data POSTPONED 🛑
Today, November 7th, the market eagerly awaited the release of the Non-Farm Payrolls (NFP), the most crucial employment data for the Federal Reserve (Fed).
The official report from the U.S. government has been POSTPONED due to the current shutdown of the federal government.
What Does This Mean for Crypto?
1. More Uncertainty, The Fed and the market are left without the freshest data, which usually creates extra volatility and nervousness.
2. The Cooling Continues, Although we do not have the official data, private reports indicate a labor market that is weakening. This, in the long run, could give the Fed more reasons to continue with a soft policy.
My advice, Maximum caution 😉 The market will move on rumors and alternative surveys.
Do you think this uncertainty will cause BTC to rise or fall today? Let us know!. ❤️
