$BTC The non-farm data released last night is favorable for Bitcoin.
Last night's US non-farm data.
Short-term positive signals: Strong start in 2026, exceeding pessimistic expectations (many people are worried about the trade war, tightening immigration, and high interest rates leading to hiring freezes). The job market has not collapsed but shows certain resilience (especially with the private sector and healthcare leading growth), the unemployment rate continues to improve slightly, and wages are rising moderately. This provides the Federal Reserve with room to "wait and see"—the probability of a rate cut in March dropped from around 20-30% before the report to lower (CME FedWatch shows the probability of maintaining interest rates rising to over 78%).
With this data release, it is highly likely there will not be a rate cut in the short term, and the dollar index has surged directly, which indirectly indicates no recession. A good job market is good for everything, and good liquidity will improve, so Bitcoin has also slightly increased, because now as long as it’s not bad news, it's good news for Bitcoin.
