WikiBit 2026-01-09 21:58Bitcoin (BTC), Ethereum (ETH), and altcoins have been unable to break free from the downward trend t
Bitcoin (BTC), Ethereum (ETH), and altcoins have been unable to break free from the downward trend that began in October.
At this point, there is no consensus among analysts regarding the market‘s direction, and the Federal Reserve’s interest rate decision in January, which could shift the balance, is awaited.
While it is noted that a Fed interest rate cut could trigger an increase, the Fed is expected to keep interest rates stable at 3.5%-3.75% in January, following consecutive interest rate cuts in the final months of 2025.
Today, the US Non-Farm Payrolls data, which is of great importance in the Feds interest rate decision, was released.
The data, released on the first Friday of each month, is closely watched by investors and stakeholders to understand the state of the economy.
The data released for December is as follows:
Non-farm payrolls data: Announced 50k – Expectation 66k – Previous 64k
Unemployment data: Announced 4.4% – Expected 4.5% – Previous 4.6%
*This is not investment advice.
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