#USNFPBlowout Crypto market under heavy pressure today. In addition to seasonal factors, the main trigger is the release of the US Non-Farm Payrolls (NFP) data that far exceeded expectations!
What Happened?
NFP "Blowout": The US recorded an addition of 130,000 jobs (far above the predicted 70,000).
Effect on the Fed: A "hot" economy makes the hopes for rate cuts thinner. The market now expects the Fed will remain Hawkish.
Dollar Strengthens: The Dollar Index ($DXY) surged, automatically putting pressure on risk assets like Bitcoin.
Liquidation: A breach of the $68,000 level triggered a chain liquidation on Long positions.
Status: BTC is testing strong support at $66,000. If it breaks, the next target is in the $63,000 area.
#BTC #USNFPBlowout #MarketUpdate #Crypto2026
