4 US Economic Signals That Could Shift Bitcoin Sentiment This Week
Four key US economic data releases this week could materially shift Bitcoin (BTC) market sentiment, with traders watching for signals that influence Federal Reserve (Fed) rate-cut expectations. Last Friday’s February Non-Farm Payrolls (NFP) report delivered a shock: -92,000 jobs against an expected +59,000, with unemployment climbing to 4. 4%. The result rattled risk assets and left BTC trading near $70,000, down roughly 2% on the week but 7% above Friday’s session lows
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