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US NFP Report Looms Large Over Bitcoin Price Action

Guavy AI Editorial Team
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BTC OM NFP
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Bitcoin is trading around $81,000 on Friday, up over 4% so far this week, as traders await key data from the US Nonfarm Payrolls (NFP) report.

The report, due out at 12:30 GMT, is expected to show a reading of 56k, with the unemployment rate forecasted to remain steady at 4.1% and annual wage growth moderating slightly to 3.0%

Governor Christopher Waller said Thursday that he leans towards keeping interest rates steady at the September 15-16 Federal Open Market Committee (FOMC) meeting, provided there are no surprises in upcoming inflation data

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