#NFPWatch

The United States will release an important jobs report this Friday (for August), which could affect both stock and crypto markets.

Experts think the U.S. added around 163,000 new jobs, and the unemployment rate might go down a little to 4.2%.

Why does this matter?

Because how many people are getting jobs shows how strong the economy is. If the data is strong, it could slow down interest rate cuts by the U.S. central bank. That might make markets fall.

If the job numbers are weak, it might push the Fed to cut rates faster, which could make markets (including crypto) go up.

🗣 Fed Chairman Jerome Powell recently said that the decision to cut rates will depend on new data—and this jobs report is a big part of that.

So keep an eye on Friday…

It might shake the market!

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