#NFPCryptoImpact With the growing institutional adoption of crypto, macroeconomic data like NFP has become more relevant. Institutions often rebalance portfolios based on economic data, indirectly affecting crypto impacts crypto indirectly, traders and investors closely monitor the data due to its influence on global markets. Sharp movements in the crypto market can occur around NFP releases, particularly when data deviates significantly from expectations. This makes it an essential indicator for short-term traders and a contextual factor for long-term investors.
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