shafin Kabir

🚨🚨US Non-Farm Payrolls (NFP) report affects the crypto market🚨🚨 👉A strong $NFP report signals economic strength, increasing expectations of higher interest rates, which is usually bearish for crypto 👉A weak NFP report suggests economic slowdown, raising hopes of rate cuts, which is bullish for Bitcoin and altcoins 👉NFP impacts the US Dollar (DXY); a stronger dollar often pushes crypto prices down 👉Changes in NFP influence Federal Reserve policy decisions, indirectly shaping crypto market trends 👉High job growth can reduce demand for risk assets like cryptocurrencies 👉Low job growth increases interest in alternative assets, including crypto 👉Bitcoin often reacts first, followed by Ethereum and major altcoins 👉Volatility usually spikes immediately after NFP data release. 👉Traders adjust leverage and positions, causing sharp short-term price swings 👉Long-term crypto sentiment depends on whether $NFP supports a risk-on or risk-off market environment #USNonFarmPayrollReport #USTradeDeficitShrink