How does NFP affect the volatility of digital currencies?

1 answers

• May 07, 2022 · 3 years ago
  At BYDFi, we understand the impact of the NFP report on the volatility of digital currencies. Positive job growth numbers can boost investor confidence and lead to a more stable digital currency market. However, it's important to note that the NFP report is just one of many factors that can influence the volatility of digital currencies. Traders should consider a comprehensive analysis of market trends, news events, and other economic indicators to make well-informed trading decisions.
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