#NFPCryptoImpact

If the revised NFP data shows a significant drop in employment, it could impact market expectations for Fed policy. Currently, the market is expecting modest rate cuts over the coming year. However, a weaker-than-expected labor market could prompt more aggressive rate cuts sooner than expected. This shift in expectations could lead to selling of riskier assets such as stocks and cryptocurrencies, increasing volatility in the crypto market, especially for Bitcoin.