US Private Sector Employment Declines
This is a US news story, published by CoinGape, that relates primarily to Bitcoin news.
US news
For more US news, you can click here:
more US newsBitcoin news
For more Bitcoin news, you can click here:
more Bitcoin newsNews about Us federal policies
For more Us federal policies news, you can click here:
more Us federal policies newsCoinGape news
For more news from CoinGape, you can click here:
more news from CoinGapeAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best politics news, business news, entertainment news, and much more. If you like this article about Us federal policies, you might also like this article about
US Federal Reserve. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Bitcoin Price Forecasts Bearish Outlook news, US Nonfarm Payrolls news, news about Us federal policies, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Bitcoin price predictionsCoinGape
•Bitcoin Price Prediction as US Employment Nosedives to 2021 Lows
68% Informative
US private sector employment increased by only 99,000 in August , the lowest since early 2021 .
This data point was last seen in early 2021 , sparking concerns about a recession.
The upcoming NFP release on September 6 will be crucial in setting the tone for the September 18 US Federal Reserve's interest rate decision.
Bitcoin price predictions echo a bearish outlook, if NFP data comes in hotter-than-expected.
Investors are waiting for two key events: the US Nonfarm Payrolls on September 6 and the Fed interest rate decision on September 18 .
These macroeconomic events will predict what happens to Bitcoin price and the broader crypto markets.
What are the two possible outcomes for Bitcoin 's price based on the NFP data?.
VR Score
57
Informative language
50
Neutral language
15
Article tone
formal
Language
English
Language complexity
37
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
3
Affiliate links
no affiliate links