Analysis: Bitcoin showed no clear directional trend before the non-farm payroll release, and the crypto market remains relatively calm.

BTC-0,43%
SOL0,24%
ETH-0,37%
BNB0,01%

Odaily Planet Daily News: The US non-farm payroll report is about to be released, and the Federal Reserve’s rate decision committee will also be closely watching this report. According to FactSet, the US economy may have added 55,000 jobs in December, with the unemployment rate expected to decrease from 4.6% to 4.5%. Weak economic data will reinforce expectations of further rate cuts, potentially leading to a weakening dollar and pushing up the prices of risk assets including Bitcoin. Before the non-farm payroll announcement, Bitcoin showed no clear directional trend, with a 24-hour increase of 0.2%. The crypto market remains relatively calm, with the exception of SOL, which rose 2.8% in the past 24 hours. ETH and BNB did not experience significant fluctuations. (CoinDesk)

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Breaks $78,000 but Falls 0.47% Intraday

Gate News message, April 24 — Bitcoin broke through $78,000 today, though it recorded a 0.47% decline over the intraday period.

GateNews10m ago

Project Eleven awards Q-Day 1 BTC bounty: researchers use a quantum computer to crack a 15-bit elliptic curve key

Project Eleven, a nonprofit organization focusing on research into “Q-Day (Quantum Computer Breaks Blockchain Cryptography Day),” announced on 4/24 that it would award a $1 Bitcoin bounty to independent researcher Giancarlo Lelli. Using a Shor algorithm variant on publicly accessible cloud quantum computer hardware, Lelli successfully cracked a 15-bit elliptic curve key—marking the largest public quantum attack demonstration to date. Attack Scale and Significance Project Content Winner Giancarlo Lelli (Independent Researcher) Attack Target 15-bit elliptic curve key, searching 32,767 possibilities Using Hardware Publicly accessible cloud quantum computers Algorithm Shor

ChainNewsAbmedia31m ago

Nasdaq-Listed Nakamoto Unveils Active Bitcoin Derivatives Strategy Since Q1 2026

Gate News message, April 24 — Nakamoto, a Nasdaq-listed company, has announced an actively managed Bitcoin derivatives program running since Q1 2026. The strategy aims to generate recurring volatility income from a portion of the company's Bitcoin holdings while hedging against downside price

GateNews48m ago

Metaplanet Issues $50 Million in Zero-Interest Bonds to Fund Bitcoin Purchases

Gate News message, April 24 — Japanese bitcoin treasury firm Metaplanet announced on Friday that it is issuing 8 billion Japanese yen (approximately $50 million) in zero-interest ordinary bonds to fund future bitcoin purchases. The bond issuance was fully subscribed by EVO Fund, a Cayman

GateNews1h ago

Abraxas Capital Deposits 4,835 BTC Worth $378M to Major CEX

Gate News message, April 24 — According to on-chain data tracked by Lookonchain, Abraxas Capital deposited 4,835 BTC, valued at approximately $378 million, to a major CEX in the past hour. The institutional investor also transferred 6,000 XAUT tokens, worth approximately $28 million, to several maj

GateNews1h ago

Researcher Breaks 15-Bit Elliptic Curve Key, Wins 1 BTC Bounty

Independent researcher Giancarlo Lelli derived a 15-bit elliptic curve key using a publicly accessible quantum computer, marking what Project Eleven called the "largest quantum attack" on elliptic curve cryptography to date, according to the startup. Project Eleven awarded Lelli a 1 BTC bounty,

CryptoFrontier2h ago
Comment
0/400
No comments