Markets are turning their attention to the US jobs report, due to be released at 8:30 PM tonight.

📌 Key points to watch:

Nonfarm Payrolls: Expected to increase by around 59,000–65,000 jobs (last month: only +29,000). Unemployment rate: Forecast to remain at 4.2%. Average Hourly Earnings: Expected to rise 0.3% month over month.

📊 3 main scenarios:

🔹 Weak data + rising unemployment: Raises expectations that the Fed will ease monetary policy sooner → supports BTC and altcoins.

🔹 In line with or close to expectations: Markets react neutrally to slightly cautiously.

🔹 Strong data + rising wages: The Fed may keep interest rates higher for longer → putting downward pressure on crypto.