Bitcoin Eyes Non-Farm Payrolls Data, Will It Ease Fed Rate Hike Worries?

Bitcoin traders are now eyeing a pivotal economic release of the month. The report of nonfarm payrolls for August is expected to be released on Sept. by the U.S. Bureau of Labor Statistics. 4. The numbers will shape expectations for the Federal Reserve’s Sept. policy meeting. Oil prices have also been on the rise, adding to inflation concerns, and markets are also looking at recent hawkish comments from Fed Chair Kevin Warsh.