Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
I just remembered that tonight the Mỹ Non-Farm Payrolls report will be released, and this could cause quite a stir in the crypto market. Not all non-farm news is important, but this time it seems the market is waiting.
Basically, the non-farm report measures the number of new jobs created in Mỹ last month, excluding the agricultural sector. This is one of the key indicators the Fed uses to decide monetary policy, especially whether to raise or lower interest rates. If the data exceeds expectations, the Fed is likely to keep interest rates high, which often puts downward pressure on risky assets like Bitcoin and Ethereum. Conversely, if the non-farm data is weaker than forecast, the Fed may loosen policy, creating an environment where money flows into crypto.
Looking at BTC right now, the price is around $66.98K, down 1.19% in 24 hours. This indicates the market is in a wait-and-see mode. Bitcoin is usually sensitive to macroeconomic data, and a positive report could prompt investors to pull funds from crypto and move into safer assets.
What to note is that altcoins tend to react more strongly than Bitcoin in these situations. Smaller-cap coins are especially vulnerable to non-farm news and major economic events. I recommend not trading immediately after the data is released, as the market will be very unpredictable during that period.
The most important thing is to prepare scenarios for both cases. If the data is good, be ready for a price correction. If the data is bad, there might be buying opportunities. And remember to manage risk well—don't bet too heavily on a single asset.
Overall, tonight’s non-farm report is a key event that anyone investing in crypto should follow. The market is highly volatile and easily affected by economic events, so invest wisely and only use money you can afford to lose.