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The US Non-farm Payrolls (NFP) will be announced tonight at 21:30, and this one is really crucial.
Why do I say that? Because the Bureau of Labor Statistics has directly canceled the employment report for October, and the data for November will be released together on December 16. The question arises—when the Federal Reserve meets on December 10 to decide on interest rates, they will have no November employment data to refer to.
In other words, this is the only employment data we can see before the Federal Reserve's last interest rate meeting of the year. How will the market react? The mainstream cryptocurrencies like BTC, ETH, BNB, SOL, ADA, LINK, LTC, BCH, NEAR, and XRP will all be watching the US Non-farm Payrolls (NFP) tonight.
The state of the data directly affects the next actions of the Federal Reserve, and the crypto market also experiences roller coaster rides.