Analysis: Bitcoin shows no clear directional bias ahead of non-farm payrolls release, crypto market appears relatively calm
2026-01-09 12:31
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 solidify expectations for further interest rate cuts, potentially leading to a weaker U.S. dollar and pushing up prices of risk assets, including Bitcoin. Ahead of the non-farm payrolls release, Bitcoin showed no clear directional bias, with a 24-hour gain of 0.2%. The crypto market appeared relatively calm, with ETH and BNB showing no significant volatility over the past 24 hours, except for SOL which rose 2.8%. (CoinDesk)
