🚨 NFP Report & Bitcoin: What to Expect 🚨
The U.S. Non-Farm Payrolls (NFP) report drops today, with expectations of 169K new jobs for January and an unemployment rate of 4.1%. 🔎📊
💰 BTC Update: Trading around $97,261, Bitcoin has seen slight fluctuations ahead of the data release.
How NFP Could Impact Bitcoin:
📉 Stronger NFP → Bullish USD & Treasury yields → Possible BTC dip as investors lean toward traditional assets.
📈 Weaker NFP → Softer USD → BTC upside potential as markets speculate on Fed rate cuts.
With Bitcoin’s volatility, today’s NFP print could bring big moves. Stay sharp & watch the reaction! 🚀🔥