#USJobsData : The US employment figures shake the market!

The new data on American employment has just come in, and as always, it moves the crypto market.

When the figures are better than expected ➝ the dollar strengthens, investors become cautious.

When they are weaker ➝ the market anticipates a Fed easing… and crypto benefits!

Today, all eyes are on:

The unemployment rate

Job creation (NFP)

Wage growth

These three indicators determine the overall market sentiment, and thus the possible direction of BTC, ETH, and altcoins.

A weaker job market could support a crypto rebound.

A too strong market could create a slight pressure on risk.

👉 Stay alert, the next few hours will be crucial.

#USJobsData #CryptoMarket #BinanceSquare #MacroUpdate #BTC #ETH