Critical US Non-Farm Payrolls and Unemployment Data Released: Bitcoin's Market Reaction

image

Source: CryptoNewsNet Original Title: BREAKING: Critical US Non-Farm Payrolls and Unemployment Data Released! Here’s Bitcoin’s (BTC) Initial Reaction! Original Link: Bitcoin (BTC), Ethereum (ETH), and altcoins have been unable to break free from the downward trend that began in October.

At this point, there is no consensus among analysts regarding the market’s direction, and the Federal Reserve’s interest rate decision in January, which could shift the balance, is awaited.

While it is noted that a Fed interest rate cut could trigger an increase, the Fed is expected to keep interest rates stable at 3.5%-3.75% in January, following consecutive interest rate cuts in the final months of 2025.

Today, the US Non-Farm Payrolls data, which is of great importance in the Fed’s interest rate decision, was released.

The data, released on the first Friday of each month, is closely watched by investors and stakeholders to understand the state of the economy.

The data released for December is as follows:

Non-farm payrolls data: Announced 50k – Expectation 66k – Previous 64k

Unemployment data: Announced 4.4% – Expected 4.5% – Previous 4.6%

BTC0,39%
ETH0,9%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)