U.S. Jobs Data and Policy Decisions Could Trigger Volatile Bitcoin Trading on Friday

2026-01-09 15:45:04

Source: CryptoNewsNet Original Title: U.S. jobs data, tariffs ruling suggest volatile Friday: Crypto Daybook Americas Original Link: Traders should prepare for potential volatility on Friday. Key U.S. economic data and policy announcements could significantly impact bitcoin and the broader crypto market.

The U.S. nonfarm payrolls report is scheduled for release at 8:30 a.m. ET. Market expectations suggest the economy added approximately 55,000 jobs in December, with the jobless rate declining to 4.5% from 4.6%. Average hourly earnings are forecast to increase by 3.6% year-on-year.

These figures are particularly important because the Federal Reserve has justified its recent rate cuts by citing labor market softening. Weaker-than-expected employment data would reinforce expectations for additional rate cuts, which could weaken the U.S. dollar and potentially push risk assets like BTC higher. Conversely, stronger data might suggest fewer rate cuts ahead, supporting the dollar and potentially pressuring crypto markets.

Investors should monitor these releases closely for trading opportunities and risk management purposes.

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