Nonfarmpayroll
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#NFPCryptoImpact
🚨 #NFPCryptoImpact: The NFP Report Could Be a Game Changer! 🚨
Today, the market is keeping an eye on one of the most anticipated publications: the NFP Report! 📊 This data on employment in the United States has the power to shake up traditional markets… And also the crypto market!
💥 How can the NFP impact the crypto market? The answer lies in the reaction of investors. If the report shows a strengthening of the economy, the dollar tends to rise, which can generate a correction in the price of Bitcoin and other cryptos. On the other hand, a data below expectations can bring volatility and open doors to great opportunities!
🔑 At Binance, you have the tools and security necessary to take advantage of these market changes in real time. Be prepared for the fluctuations that may come with the impact of the NFP and maximize your opportunities!
🚀 Stay tuned, the market doesn't wait! NFP is about to impact prices. How will you react?
#Binance#NFP#CryptoImpact#Bitcoin#FinancialMarkets#Opportunity#Investments#NonFarmPayroll
🚨 #NFPCryptoImpact: The NFP Report Could Be a Game Changer! 🚨
Today, the market is keeping an eye on one of the most anticipated publications: the NFP Report! 📊 This data on employment in the United States has the power to shake up traditional markets… And also the crypto market!
💥 How can the NFP impact the crypto market? The answer lies in the reaction of investors. If the report shows a strengthening of the economy, the dollar tends to rise, which can generate a correction in the price of Bitcoin and other cryptos. On the other hand, a data below expectations can bring volatility and open doors to great opportunities!
🔑 At Binance, you have the tools and security necessary to take advantage of these market changes in real time. Be prepared for the fluctuations that may come with the impact of the NFP and maximize your opportunities!
🚀 Stay tuned, the market doesn't wait! NFP is about to impact prices. How will you react?
#Binance#NFP#CryptoImpact#Bitcoin#FinancialMarkets#Opportunity#Investments#NonFarmPayroll
See original
#NFPCryptoImpact
🚨 #NFPCryptoImpact: The NFP Report Could Be a Game Changer! 🚨
Today, the market is keeping an eye on one of the most anticipated publications: the NFP Report! 📊 This data on employment in the United States has the power to shake up traditional markets… And also the crypto market!
💥 How can the NFP impact the crypto market? The answer lies in the reaction of investors. If the report shows a strengthening of the economy, the dollar tends to rise, which can generate a correction in the price of Bitcoin and other cryptos. On the other hand, a data below expectations can bring volatility and open doors to great opportunities!
🔑 At Binance, you have the tools and security necessary to take advantage of these market changes in real time. Be prepared for the fluctuations that may come with the impact of the NFP and maximize your opportunities!
🚀 Stay tuned, the market doesn't wait! NFP is about to impact prices. How will you react?#Binance#NFP#CryptoImpact#Bitcoin#FinancialMarkets#Opportunity#Investments#NonFarmPayroll
🚨 #NFPCryptoImpact: The NFP Report Could Be a Game Changer! 🚨
Today, the market is keeping an eye on one of the most anticipated publications: the NFP Report! 📊 This data on employment in the United States has the power to shake up traditional markets… And also the crypto market!
💥 How can the NFP impact the crypto market? The answer lies in the reaction of investors. If the report shows a strengthening of the economy, the dollar tends to rise, which can generate a correction in the price of Bitcoin and other cryptos. On the other hand, a data below expectations can bring volatility and open doors to great opportunities!
🔑 At Binance, you have the tools and security necessary to take advantage of these market changes in real time. Be prepared for the fluctuations that may come with the impact of the NFP and maximize your opportunities!
🚀 Stay tuned, the market doesn't wait! NFP is about to impact prices. How will you react?#Binance#NFP#CryptoImpact#Bitcoin#FinancialMarkets#Opportunity#Investments#NonFarmPayroll
Nonfarm Payrolls Surge To 256K, What Next For Bitcoin?
The latest nonfarm payrolls data shows a surge in the US employment rate for December. Meanwhile, the unemployment rate also came in lower than expected. These macroeconomic figures could significantly impact Bitcoin and the broader crypto market.
US Nonfarm Payrolls Surge To 256,000The Labor Department data shows that the total nonfarm payroll employment increased by 256,000 in December, beating the estimates of 160,000. This again represents a strong US job data after an increase to 227,000 in November.
The unemployment rate dropped to 4.1%, as against the expected 4.2% recorded in November. Following the release of this nonfarm payrolls report, traders are now betting against a first-half rate cut from the Federal Reserve.
These traders predict that the Fed will only cut rates once this year, and it is unlikely to happen earlier than June. Specifically, they project that the only interest rate cut this year will occur in October.
This development presents a bearish outlook for the BTC price, considering how this macro data could play out in the minds of investors. The Fed made three interest rate cuts last year, which makes a potential one rate cut this year more disappointing.
Treasury Yields Rise To Highest Levels Since 2023Following the release of the nonfarm payrolls report, the US 10-year and 30-year treasury yields rose to their highest levels since November 2023. This macro data also presents a bearish outlook for Bitcoin and the broader crypto market.
Meanwhile, as expected, the US dollar has strengthened amid the strong US job data report. These macro factors have already added to the significant volatility that is being experienced in the crypto market today.
There had already been a lot of volatility since the day began due to the 19,000 BTC options, which expired just before the release of these macro data.
All eyes will be on the Producer Price Index (PPI) and Consumer Price Index (CPI) inflation figures
#Nonfarmpayroll #NPFCryptoImpact #Bitcoin #cryptocurrencies #Cryptonews
The latest nonfarm payrolls data shows a surge in the US employment rate for December. Meanwhile, the unemployment rate also came in lower than expected. These macroeconomic figures could significantly impact Bitcoin and the broader crypto market.
US Nonfarm Payrolls Surge To 256,000The Labor Department data shows that the total nonfarm payroll employment increased by 256,000 in December, beating the estimates of 160,000. This again represents a strong US job data after an increase to 227,000 in November.
The unemployment rate dropped to 4.1%, as against the expected 4.2% recorded in November. Following the release of this nonfarm payrolls report, traders are now betting against a first-half rate cut from the Federal Reserve.
These traders predict that the Fed will only cut rates once this year, and it is unlikely to happen earlier than June. Specifically, they project that the only interest rate cut this year will occur in October.
This development presents a bearish outlook for the BTC price, considering how this macro data could play out in the minds of investors. The Fed made three interest rate cuts last year, which makes a potential one rate cut this year more disappointing.
Treasury Yields Rise To Highest Levels Since 2023Following the release of the nonfarm payrolls report, the US 10-year and 30-year treasury yields rose to their highest levels since November 2023. This macro data also presents a bearish outlook for Bitcoin and the broader crypto market.
Meanwhile, as expected, the US dollar has strengthened amid the strong US job data report. These macro factors have already added to the significant volatility that is being experienced in the crypto market today.
There had already been a lot of volatility since the day began due to the 19,000 BTC options, which expired just before the release of these macro data.
All eyes will be on the Producer Price Index (PPI) and Consumer Price Index (CPI) inflation figures
#Nonfarmpayroll #NPFCryptoImpact #Bitcoin #cryptocurrencies #Cryptonews
Forecast for Non Farm Payrolls is 200k while consensus will be even at 160k. Previous was 227k. What does it mean in simple words?
NFP report is important because it tells us how strong or weak the job market is. If more jobs are added, it usually means the economy is growing. If jobs are lost, it might be a sign of trouble.
NFP data is released monthly and has a big impact on financial markets because investors and policymakers use it to understand the health of the economy.
The drop on its own is ok, as numbers pump and dump every months, and so after previous month pump this month decrease will be natural. Most probably market have already priced that in.
But in the end what will really influence crypto market will be reactions from DXY and Stock Indices. So far January was really choppy and that makes it very hard to make any certain forecasts even for the nearest future. Therefore I think that making long-term investments at this stage is not recommended. There will be more dips.
#NFPCryptoImpact #Nonfarmpayroll
NFP report is important because it tells us how strong or weak the job market is. If more jobs are added, it usually means the economy is growing. If jobs are lost, it might be a sign of trouble.
NFP data is released monthly and has a big impact on financial markets because investors and policymakers use it to understand the health of the economy.
The drop on its own is ok, as numbers pump and dump every months, and so after previous month pump this month decrease will be natural. Most probably market have already priced that in.
But in the end what will really influence crypto market will be reactions from DXY and Stock Indices. So far January was really choppy and that makes it very hard to make any certain forecasts even for the nearest future. Therefore I think that making long-term investments at this stage is not recommended. There will be more dips.
#NFPCryptoImpact #Nonfarmpayroll
Good morning everyone
Today there are several important news
NFP non farm payroll numbers anticipated at 218k
unemployment rate (MoM) Nov. anticipated at 4.1%
Average Hourly Earnings (Mom) Nov. anticipated at 0.3%
Fellow traders, there is going to be extremely high volatility especially to anything that is paired with USD currency.
Be careful how you trade this, and if you have not traded such volatile times then it would be wise to just stay away from it.
Good luck
$BTC
#2024withBinance
#Nonfarmpayroll
Today there are several important news
NFP non farm payroll numbers anticipated at 218k
unemployment rate (MoM) Nov. anticipated at 4.1%
Average Hourly Earnings (Mom) Nov. anticipated at 0.3%
Fellow traders, there is going to be extremely high volatility especially to anything that is paired with USD currency.
Be careful how you trade this, and if you have not traded such volatile times then it would be wise to just stay away from it.
Good luck
$BTC
#2024withBinance
#Nonfarmpayroll
Nonfarm Payrolls Surge To 256K, What Next For Bitcoin?
Nonfarm Payrolls Surge To 256K, What Next For Bitcoin?
The latest nonfarm payrolls data shows a surge in the US employment rate for December. Meanwhile, the unemployment rate also came in lower than expected. These macroeconomic figures could significantly impact Bitcoin and the broader crypto market.
US Nonfarm Payrolls Surge To 256,000The Labor Department data shows that the total nonfarm payroll employment increased by 256,000 in December, beating the estimates of 160,000. This again represents a strong US job data after an increase to 227,000 in November.
The unemployment rate dropped to 4.1%, as against the expected 4.2% recorded in November. Following the release of this nonfarm payrolls report, traders are now betting against a first-half rate cut from the Federal Reserve.
These traders predict that the Fed will only cut rates once this year, and it is unlikely to happen earlier than June. Specifically, they project that the only interest rate cut this year will occur in October.
This development presents a bearish outlook for the BTC price, considering how this macro data could play out in the minds of investors. The Fed made three interest rate cuts last year, which makes a potential one rate cut this year more disappointing.
Treasury Yields Rise To Highest Levels Since 2023Following the release of the nonfarm payrolls report, the US 10-year and 30-year treasury yields rose to their highest levels since November 2023. This macro data also presents a bearish outlook for Bitcoin and the broader crypto market.
Meanwhile, as expected, the US dollar has strengthened amid the strong US job data report. These macro factors have already added to the significant volatility that is being experienced in the crypto market today.
There had already been a lot of volatility since the day began due to the 19,000 BTC options, which expired just before the release of these macro data.
All eyes will be on the Producer Price Index (PPI) and Consumer Price Index (CPI) inflation figures, which will come out next week. Those inflation figures will likely further dampen expectations of a Fed rate cut in the first half of the year.
What Next For The Bitcoin Price?
The Bitcoin price flash crashed to as low as $92,000 following the release of the nonfarm payrolls data but is now back above $93,000.
However, the flagship crypto is still at risk of a significant price correction, especially with the likelihood of the US government selling its $6.5 billion Silk Road BTC stash before Donald Trump takes office.
Crypto analyst Titan of Crypto has also drawn the crypto community’s attention to a Bitcoin correction fractal from 2020 that is unfolding following the strong US job data.
The crypto analyst remarked that there are mixed implications ahead for risk assets like BTC and other cryptocurrencies. His accompanying chart showed that BTC is at risk of falling to as low as $81,000, depending on how this plays out.
#Nonfarmpayroll #NPFCryptoImpact #Bitcoin #cryptocurrencies #Cryptonews
The latest nonfarm payrolls data shows a surge in the US employment rate for December. Meanwhile, the unemployment rate also came in lower than expected. These macroeconomic figures could significantly impact Bitcoin and the broader crypto market.
US Nonfarm Payrolls Surge To 256,000The Labor Department data shows that the total nonfarm payroll employment increased by 256,000 in December, beating the estimates of 160,000. This again represents a strong US job data after an increase to 227,000 in November.
The unemployment rate dropped to 4.1%, as against the expected 4.2% recorded in November. Following the release of this nonfarm payrolls report, traders are now betting against a first-half rate cut from the Federal Reserve.
These traders predict that the Fed will only cut rates once this year, and it is unlikely to happen earlier than June. Specifically, they project that the only interest rate cut this year will occur in October.
This development presents a bearish outlook for the BTC price, considering how this macro data could play out in the minds of investors. The Fed made three interest rate cuts last year, which makes a potential one rate cut this year more disappointing.
Treasury Yields Rise To Highest Levels Since 2023Following the release of the nonfarm payrolls report, the US 10-year and 30-year treasury yields rose to their highest levels since November 2023. This macro data also presents a bearish outlook for Bitcoin and the broader crypto market.
Meanwhile, as expected, the US dollar has strengthened amid the strong US job data report. These macro factors have already added to the significant volatility that is being experienced in the crypto market today.
There had already been a lot of volatility since the day began due to the 19,000 BTC options, which expired just before the release of these macro data.
All eyes will be on the Producer Price Index (PPI) and Consumer Price Index (CPI) inflation figures, which will come out next week. Those inflation figures will likely further dampen expectations of a Fed rate cut in the first half of the year.
What Next For The Bitcoin Price?
The Bitcoin price flash crashed to as low as $92,000 following the release of the nonfarm payrolls data but is now back above $93,000.
However, the flagship crypto is still at risk of a significant price correction, especially with the likelihood of the US government selling its $6.5 billion Silk Road BTC stash before Donald Trump takes office.
Crypto analyst Titan of Crypto has also drawn the crypto community’s attention to a Bitcoin correction fractal from 2020 that is unfolding following the strong US job data.
The crypto analyst remarked that there are mixed implications ahead for risk assets like BTC and other cryptocurrencies. His accompanying chart showed that BTC is at risk of falling to as low as $81,000, depending on how this plays out.
#Nonfarmpayroll #NPFCryptoImpact #Bitcoin #cryptocurrencies #Cryptonews