📅 Friday, Jan 10
🕗 1:30 PM UTC - US Average Hourly Earnings m/m (🔴 High Impact)
Outcome: 0.3% (Forecast: 0.3%, Previous: 0.4%)
Impact: Matches expectations but slightly lower than the previous month. Limited immediate impact on crypto, but wage stagnation might reduce inflation fears, slightly positive for crypto.
🕗 1:30 PM UTC - US Non-Farm Employment Change (NFP) (🔴 High Impact)
Outcome: 256K (Forecast: 164K, Previous: 212K)
Impact: Stronger-than-expected jobs growth. This could strengthen the USD and pressure crypto prices as the labor market remains robust.
🕗 1:30 PM UTC - US Unemployment Rate (🔴 High Impact)
Outcome: 4.1% (Forecast: 4.2%, Previous: 4.2%)
Impact: Lower unemployment rate signals continued labor market resilience. Bullish for USD, potentially bearish for crypto as risk-on appetite may weaken.
🕗 3:00 PM UTC - US Prelim UoM Consumer Sentiment (🟠 Moderate Impact)
Outcome: 73.2 (Forecast: 74.0, Previous: 74.0)
Impact: Slightly below expectations, indicating weaker consumer confidence. This could be slightly supportive of crypto as investors might seek alternative assets.
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Key Takeaways for Crypto Traders
🔸 NFP and Unemployment Rate: Robust data strengthens the USD, pressuring Bitcoin and altcoins.
🔸 Average Hourly Earnings: Lower than the previous month, reducing inflation fears and rate hike expectations, which may support crypto in the medium term.
🔸 Consumer Sentiment: Slightly weaker-than-expected, signaling potential demand for alternative investments like crypto.
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