What are the release dates for non-farm payrolls in the cryptocurrency industry?

3 answers

• Ellegaard FaberJul 14, 2024 · a year ago
  Non-farm payrolls are typically released on the first Friday of every month by the U.S. Bureau of Labor Statistics. These reports provide data on the number of jobs added or lost in the non-farm sector, excluding agricultural workers, private household employees, and non-profit organization employees. While non-farm payrolls are not directly related to the cryptocurrency industry, they can still have an impact on the overall market sentiment and investor confidence. Traders and investors often analyze the data to gauge the health of the U.S. economy, which can indirectly affect the cryptocurrency market.
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• Dhananjay HireyJun 17, 2020 · 5 years ago
  The release dates for non-farm payrolls in the cryptocurrency industry are important to keep an eye on. These reports can provide insights into the health of the U.S. economy, which can have a ripple effect on the global financial markets, including cryptocurrencies. While the direct impact of non-farm payrolls on the cryptocurrency market may not be significant, they can still influence investor sentiment and market trends. It's always a good idea to stay informed about these release dates and monitor any potential market reactions.
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• Aniket KOct 20, 2020 · 5 years ago
  As an expert in the cryptocurrency industry, I can tell you that non-farm payrolls are not directly tied to the crypto market. However, they can indirectly impact the market sentiment and investor confidence. The release dates for non-farm payrolls are usually on the first Friday of each month, and traders and investors often pay attention to these reports to gauge the health of the U.S. economy. While BYDFi, the cryptocurrency exchange I work for, does not specifically track non-farm payrolls, we do encourage our users to stay informed about major economic indicators that can affect the overall market.
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