Bitcoin Rally Hedges on Weak Payroll Data Impact
Weak non-farm payrolls could signal a Fed dovish pivot, potentially boosting Bitcoin despite recent hawkish inflation repricing.
Market context
Follow the story. See which markets it affects. Explore the context.
Weak non-farm payrolls could signal a Fed dovish pivot, potentially boosting Bitcoin despite recent hawkish inflation repricing.
The U.S. dollar rose against the yen on safe-haven flows amid U.S.-Iran tensions and ahead of the jobs report. Brent crude gained on Hormuz concerns, while the Fed signaled a potential September rate…
The U.S. July jobs report showed a surprise decline of 23,000 non-farm payrolls, significantly missing expectations of an 83,000 gain. This weak data has led markets to shift from expecting a Fed rat…
The US dollar fell sharply against major currencies and gold rallied after data showed a surprise decline in non-farm payrolls in July. The weak jobs report has led markets to push back expectations …
Bitcoin gains over 7% this week amid mixed analyst opinions. Key resistance levels and macro factors like geopolitical tensions, inflation, and upcoming data such as Non-Farm Payrolls will shape its …