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Bitcoin Retakes $30K, Asian Stocks Hit 5-Week Low Ahead of U.S. Jobs Report
7.7.2023
The Bureau of Labor Statistics will release the nonfarm payrolls report for June at 12:30 UTC
Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Saturday, Despite Recent Bullish Signals
3.6.2023
Bitcoin started the weekend in the red, as markets continued to digest the latest nonfarm payrolls in the United States. Despite payrolls coming in better than expected, the unemployment rate also rose, hitting 3.7%, which is its highest point since last October. Bitcoin Bitcoin (BTC) was mostly...
Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations
2.6.2023
Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today’s session. Cardano...
Bitcoin, Ethereum Technical Analysis: BTC Extends Declines, as Markets Continue to React to Nonfarm Payrolls
8.5.2023
Bitcoin fell below $28,000 to start the week, as markets continued to react to last Friday’s United States nonfarm payrolls (NFP) report. The payrolls report came in at 250,000 versus expectations of 180,000 jobs. Ethereum was also lower, as prices fell back below $1,900. Bitcoin Bitcoin...
Bitcoin Chalks Out 'Head and Shoulders' Pattern Ahead of U.S. Nonfarm Payrolls: Valkyrie Investments
5.5.2023
Although not classically meeting the textbook criteria of a head and shoulders, price action since March 19 has painted an extreme high with flanking lower highs, Valkyrie's analysts said
Bitcoin Price Forecast: Will BTC Surge Above $30K as US Nonfarm Payrolls Awaited?
5.5.2023
Bitcoin enthusiasts are eagerly anticipating the release of the US nonfarm payrolls data, which may provide clues on the future direction of the cryptocurrency.
With Bitcoin currently hovering below the $30K mark, market participants are speculating whether the upcoming data could trigger a surge...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower, Ahead of Key Economic Events
1.5.2023
Bitcoin started the week trading in the red, as markets prepared for an important week of U.S. economic events. On Wednesday, the Federal Reserve is expected to increase rates by 25 basis points, with nonfarm payrolls for April being released this coming Friday. Ethereum was also lower...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000 on Easter Weekend
8.4.2023
Bitcoin was back above $28,000 on Saturday, as markets continued to react to the latest nonfarm payrolls (NFP) report. Figures released on Friday showed that 236,000 jobs were added to the U.S. economy last month. Ethereum was also back in the green to start the weekend. Bitcoin Bitcoin (BTC)...
Bitcoin rests at $28K as US jobs data boosts new Fed rate hike bets
7.4.2023
Bitcoin price action does not warm to nonfarm payrolls numbers as analysts predict the Fed continuing to hike interest rates in May
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Consolidation, Ahead of Nonfarm Payrolls
7.4.2023
Bitcoin consolidated for a third consecutive session on Friday, hours before a much anticipated nonfarm payrolls (NFP) release. Many are expecting that payrolls will come in under the 240,000 expected sum, following recent disappointing labor data. Ethereum was also largely unchanged as of writing....
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Above $28,000 on Monday
3.4.2023
Bitcoin started the week consolidating above the $28,000 level, as markets prepare for a big week of U.S. economic data. The headline will be this Friday’s nonfarm payrolls, which are expected to fall to 238,000 jobs. Ethereum remains above $1,800 as of writing. Bitcoin Bitcoin (BTC) started...
Bitcoin, Ethereum Technical Analysis: BTC Under $20,000 as ETH Sinks Below $1,400 on Friday
10.3.2023
Bitcoin fell below the $20,000 level for the first time since January, as markets continued to react to the liquidation of Silvergate Bank. This comes ahead of a pivotal U.S. nonfarm payrolls report, which could decide how aggressive the Federal Reserve acts in its upcoming meeting. Ethereum moved...
Silicon Valley Bank Rocks Crypto and Equity Markets Ahead of Nonfarm Payrolls
10.3.2023
Pressure on the U.S. banking system is questioning whether the Fed can push ahead with such an aggressive tightening cycle, analysts at ING said
Bitcoin, Ethereum Technical Analysis: Volatility in BTC, ETH Remains High to Start the Week
6.3.2023
Bitcoin consolidated for a third straight session, as markets prepared for a big week of U.S. economic data. Later this week, nonfarm payrolls will be posted, with Federal Reserve chair Jerome Powell also speaking in the coming days. Ethereum also fell marginally lower to start the week. Bitcoin...
Bitcoin Price and Ethereum Prediction; Big Day Ahead with US Nonfarm Payrolls
3.2.2023
Bitcoin (BTC) and Ethereum (ETH) both managed to remain stable at around $23,000 and $1,600 respectively. Previously, BTC went on to reach a record-high of more than $24,000 following the Federal Reserve's decision to raise interest rates by 25 basis points.
Later today, the US January Nonfarm...
Bitcoin, Ethereum Technical Analysis: BTC Climbs Back Above $17K, Hitting 3-Week High
9.1.2023
Bitcoin rose to a three-week high on Jan. 9, as prices surged beyond the $17,000 mark to start the week. The move comes days ahead of the upcoming U.S. inflation figures, and as traders continue to react to Friday’s nonfarm payrolls (NFP). Ethereum was also higher, rising to a multi-week...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Surge to Start the Weekend, Following Friday’s Payrolls
7.1.2023
Bitcoin moved closer to the $17,000 level to start the weekend, as traders continued to react to the latest U.S. nonfarm payrolls data. December’s payrolls came in at 223,000, which was better than the 200,000 markets had expected. Ethereum was also higher on Saturday, with prices nearing...
Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains
6.1.2023
Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high....
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets Await Nonfarm Payrolls Report
6.1.2023
Ethereum was marginally lower on Dec. 6, as markets prepared for this afternoon’s nonfarm payrolls report. December’s report is set to show an addition of 200,000 jobs to the U.S. economy, which would be down from November’s figure of 263,000. Bitcoin was also slightly down...
Bitcoin, Ether Options Market See Mixed Flow Ahead of US Nonfarm Payrolls
6.1.2023
Some traders have been buying downside protection in bitcoin and ether, while others building strategies that profit from a big move in either direction, experts told CoinDesk