Bitcoin Peeps Above $56K, May Ignore US Jobs Report

Bitcoin Peeps Above $56K, May Ignore US Jobs Report


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.

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