Analysis: Bitcoin Shows No Clear Directional Bias Ahead of Non-Farm Payrolls Release, Crypto Market Remains Relatively Calm

Odaily According to FactSet forecasts, the U.S. economy may have added 55,000 jobs in December, with the unemployment rate expected to drop from 4.6% to 4.5%. Weak economic data would reinforce expectations for further interest rate cuts, potentially leading to a weaker U.S. dollar and boosting the prices of risk assets, including Bitcoin. Ahead of the NFP release, Bitcoin has shown no clear directional bias, with a 24-hour gain of 0.2%. The crypto market remains relatively calm, with no significant volatility observed in ETH and BNB, except for SOL, which rose 2.8% over the past 24 hours. (CoinDesk)