The leading cryptocurrency Bitcoin (BTC) and altcoins have faced sharp declines in recent days, affected by Donald Trump’s tariff moves.
While the BTC price fell to the level of $91,000, all eyes on BTC and altcoins today turned to the Non-Farm Employment data from the USA, which is of great importance in terms of the FED’s interest rate cuts.
The data announced on the first Friday of each month is closely followed by investors and interested parties to understand the state of the economy.
The data disclosed is as follows:
Nonfarm Payrolls Data: 143k Announced vs. 169k Expected vs. 256k Previous
Unemployment data: Announced 4.0% – Expected 4.1% – Previous 4.1%
Bitcoin’s reaction after the data came was as follows:
*This is not investment advice.