#NFPWatch — Jobs Data Could Shake the Crypto Market!
📅 Non-Farm Payrolls (NFP) Friday is here!
The U.S. August NFP report is due this week, and the market is on edge. Forecasts vary between 100K to 208K jobs, and the outcome could heavily influence both Fed policy and crypto price action.
🔍 What’s at stake?
• Strong Jobs Data ➝ Could delay interest rate cuts, strengthen the dollar, and put pressure on Bitcoin & risk assets.
• Weak Jobs Numbers ➝ Might fuel rate-cut hopes, weaken the dollar, and trigger a crypto rally.
🎙️ Fed Chair Powell recently emphasized that the Fed is watching labor market softness very closely, meaning this report could directly impact September’s FOMC decision.
📈 With Bitcoin trading at $108K+, many traders are looking to this NFP report as the next key macro trigger for market direction.
💬 What’s your take? Will NFP shake up the charts or surprise us all?
