There is an important data release at 21:30 tonight — the US January Non-Farm Payrolls report is about to be announced.



This time, the expected increase in employment is 60,000, a decline from 64,000 in December. Also released simultaneously is the US December unemployment rate, which market expects to decrease from 4.60% to 4.50%.

Why should we pay close attention to this data? The Non-Farm Payrolls report reflects the actual employment situation in the US non-agricultural sector. Every first Friday of the month, the US Department of Labor releases comprehensive data for the previous month. This report is based on sampling surveys of US businesses, government agencies, and various non-agricultural sectors, making the data highly valuable.

For the crypto market, US employment data directly influences the Federal Reserve's policy decisions, thereby impacting overall market risk appetite. Weak data usually signals increased expectations of rate cuts, which is positive for risk assets like BTC; stronger-than-expected data may reinforce tightening expectations, requiring cautious analysis. Paying attention to this data is helpful for subsequent market trend assessments.
BTC-0,45%
View Original
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
  • 10
  • Repost
  • Share
Comment
0/400
ruggedSoBadLMAOvip
· 01-11 20:52
Time to stay up late and monitor the market again. Are you ready, mice?
View OriginalReply0
ForeverBuyingDipsvip
· 01-10 00:20
It's that non-farm payroll data again, always getting whipped by this thing every time. Rate cut expectations vs. tightening expectations, in simple terms, it's a gamble on the Fed's mood. BTC still depends on macro factors. At 21:30, I definitely have to keep an eye on it. If weak data comes out, I'll go all in directly.
View OriginalReply0
InfraVibesvip
· 01-09 20:20
Here comes the non-farm payrolls again, this thing always causes a big stir. 60,000 vs 64,000 people, sounds pretty similar... But the crypto world only works with this logic: weak data = interest rate cut = BTC surges.
View OriginalReply0
SelfMadeRuggeevip
· 01-09 02:57
Is the expectation of interest rate cuts back again? Last time, the market didn't rise when this was said, so can it be any different this time?
View OriginalReply0
LiquidationWatchervip
· 01-09 02:57
ngl gonna be watching this one like a hawk tonight... last time i got caught off-guard by jobs data my health factor took a beating 😅
Reply0
MagicBeanvip
· 01-09 02:53
Wait, 60,000 new users? Why does this number seem to be getting higher and higher... If it weakens further, the Federal Reserve might consider cutting interest rates, and BTC could really take off.
View OriginalReply0
FUDwatchervip
· 01-09 02:52
Here we go again. Every non-farm payroll report, I have to stay up all night watching the market. It's really exhausting.
View OriginalReply0
SerLiquidatedvip
· 01-09 02:39
It's another non-farm night, I bet on a rate cut🎲
View OriginalReply0
CrossChainMessengervip
· 01-09 02:35
Non-farm payrolls are stirring the pot again. Every time, expectations of rate cuts rise, while strong employment data causes them to fall. The crypto world has to watch its blood pressure rise along with it.
View OriginalReply0
WealthCoffeevip
· 01-09 02:35
Non-farm data is here. If this employment data falls short of expectations this time, we need to prepare for a sharp drop. Waiting for 21:30. Once the rate cut expectations heat up, BTC is set to take off. By the way, between 60,000 and 64,000, it seems the market employment is indeed cooling down.
View OriginalReply0
View More
  • 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)