$BTC Bitcoin ($BTC) is the most well-known cryptocurrency, often considered digital gold. Its price can be highly volatile and is influenced by a variety of factors, including economic data such as the US Non-Farm Payroll (NFP) report. When NFP data shows strong job growth, it can lead to expectations of higher interest rates, which can strengthen the US dollar and negatively impact the price of Bitcoin. Conversely, a weak NFP data can lead to lower interest rates, potentially boosting Bitcoin as investors seek alternative assets
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