#NFPCryptoImpact Today, the release of the Non-Farm Payroll (NFP) report significantly impacted the cryptocurrency market. Strong job growth in the U.S. likely signals economic strength, which tends to boost the U.S. dollar, putting pressure on risk assets like cryptocurrencies. This report often leads to increased volatility in digital asset prices, as traders adjust expectations about interest rates and inflation. A positive NFP report typically leads to higher expectations for a more hawkish Federal Reserve stance, which could lead to further short-term declines in crypto prices. Conversely, weaker job numbers might boost investor optimism for riskier assets like Bitcoin and Ethereum.