Which cryptocurrencies are most affected by non-farm payroll data?

1 answers

• Diwakar GuptaMay 22, 2023 · 2 years ago
  At BYDFi, we have observed that non-farm payroll data can indeed influence the cryptocurrency market. However, it's important to note that the impact may not be uniform across all cryptocurrencies. While Bitcoin and Ethereum are typically more responsive to this economic indicator, other altcoins may exhibit different patterns. Traders should consider conducting thorough research and analysis to identify the cryptocurrencies that are most affected by non-farm payroll data and adjust their trading strategies accordingly.
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