Non-farm payrolls surprise to the downside, how will Bitcoin move tonight?


The freshly released U.S. January non-farm payroll data directly impacted the market intensity.
Non-farm employment increased by 130,000, far exceeding the expected 70,000, indicating a stronger-than-expected job market.
Unemployment rate is at 4.3%, lower than the expected 4.4%, showing the labor market's resilience.
Hourly wages monthly rate is 0.4%, higher than the expected 0.3%, indicating inflation stickiness persists.
In a nutshell: employment exceeded expectations, and the Fed's rate cut expectations have been pushed further back.
For the crypto market:
Short-term: The dollar and U.S. Treasury yields rebound, Bitcoin may face pressure and pull back.
Long-term: Resilient employment + sticky inflation instead confirm a "soft landing" for the economy. As digital gold, Bitcoin's allocation logic remains unchanged.
Trading reminder:
Don’t chase impulsively in the short term; wait for emotions to settle. Mid-term pullbacks are opportunities; don’t be swayed by short-term data. #我在Gate广场过新年
BTC-2,46%
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Discoveryvip
· 3h ago
Happy New Year! 🤑
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Discoveryvip
· 3h ago
2026 GOGOGO 👊
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