Since the onset of the coronavirus pandemic in early 2020, bitcoin has become sensitive to critical macro data releases, like the NFP, influencing the Fed’s monetary policy. This time, however, the cryptocurrency could ignore the data, even if it beats estimates and cements the case for the Fed taper. A weak report would, in any case, be positive for asset prices in general.
Related posts
-
Ethereum lags behind Bitcoin but is expected to reach $14K, boosting RCOF to new high
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Bitcoin Price Mirrors 2017 Pattern, Is The Top Only 2 Weeks Away After Hitting $100,000?
Este artículo también está disponible en español. The Bitcoin price is well on its way to... -
Namecheap Amasses $73 Million in Bitcoin Revenue With Over 1.1 Million Transactions
Namecheap recorded an astounding 1.1 million bitcoin transactions with over $73 million generated in revenue. Revenue...