🚨 Bitcoin, Ether Start August on a Shaky Note as Dollar Index Tops 100; Yen Hits 4-Month Low Ahead of Nonfarm Payrolls 🚨

The month of August has kicked off with high drama in the crypto world. Both Bitcoin (BTC) and Ethereum (ETH) showed volatile and shaky price action—and the reason lies in global macro triggers.

🔶 Why the Crypto Market Shook?
Trump has announced new global tariffs, increasing fear of inflation. This directly impacts the market because if inflation rises, the Federal Reserve (Fed) may delay interest rate cuts. And that puts pressure on risk-on assets like BTC and ETH.

🔸 Dollar Index (DXY) has shot above 100
🔸 Traders are now pricing out early Fed rate cuts
🔸 Result: Crypto has entered a phase of uncertainty

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📊 BTC & ETH Price Movements:
• Bitcoin dropped sharply to $114,290, but bounced back to trade near $115,900
• Ethereum also dipped to $3,616, before recovering around $3,690

Despite the pressure from a strong Dollar, both BTC and ETH are showing early recovery signs. But the key moment for crypto is coming up this Friday...

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📅 Why Friday’s Nonfarm Payrolls Report Matters:
The upcoming Nonfarm Payrolls data will reveal the health of the US job market:

✅ If the data is weak → Fed could finally start preparing for rate cuts → BTC & ETH may pump
❌ If the data is strong → Fed may hold or even hike rates → crypto correction likely continues

This report will be a make-or-break moment for the rest of August.

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🌍 Global FX Pressure: Yen & Bitcoin Both Volatile
The Japanese Yen has hit a 4-month low. When both Yen and BTC get shaky together, it signals global traders are uncertain.
Friday's data could trigger major moves in both forex and crypto markets.

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💹 Trading Strategy for Smart Traders:

🔸 Short-Term Traders:
Scalping volatility is the best play this week — expect price spikes on Friday.

🔸 Long-Term Investors:
If the data favors dovish policy, BTC’s long-term target of $150K–$200K gets back on track. This dip could be the last cheap entry!

🔸 Altcoin Players:
Altcoins will follow BTC’s lead. But since Dollar is still strong, accumulate your favorite altcoins on dips only — no chasing green candles.

🔸 Risk Management Tip:
High volatility = High risk. Always use Stop Losses and follow strict capital protection rules this week.

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✅ Conclusion for Traders:
“The market is risky, but full of potential — Friday’s Nonfarm Payrolls report could launch BTC into a major move. Those who are prepared can turn this chaos into profit!”

👇
What’s your prediction for Friday? Will the data push Bitcoin above $120K, or is a bigger dip coming?
Let’s discuss in the comments 👇

#BTC #ETH #CryptoNews #DollarIndex #NonfarmPayrolls #TradersLeague #BinanceSquare #Altcoins #Tariffs #TrumpTariffs

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