#NFPCryptoImpact
If the revised NFP data shows a significant decline in employment, it could alter market expectations for Federal Reserve policy. Currently, the market anticipates slight reductions in interest rates for the upcoming year. However, a weaker-than-expected job market could prompt more aggressive rate cuts sooner than anticipated. This shift in expectations might lead to a sell-off in risky assets like stocks and cryptocurrencies, increasing volatility in the cryptocurrency market, particularly for Bitcoin.