#NFPWatch grabs the attention of crypto traders every month, as the NFP (Non-Farm Payrolls) report strongly influences financial markets.

A stronger-than-expected U.S. job report strengthens the dollar and encourages the Fed to maintain high rates, which can lead to a drop in Bitcoin and altcoins.

Conversely, a poor figure pushes investors towards riskier assets like crypto. The release of the NFP often creates significant volatility in crypto markets, especially on BTC/USDT.

Traders closely monitor this report to anticipate movements and adjust their positions in real-time.