Bitcoin Price Data Shows Limited Impact From NFP Reports

2026-09-04

An analysis of six years of Bitcoin data by CoinDesk indicates that Non-Farm Payrolls (NFP) reports have not consistently served as significant price movers for the cryptocurrency.

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An analysis of Bitcoin price data over six years by CoinDesk found that Non-Farm Payrolls reports have not consistently caused significant price movements. The findings suggest that other market factors may have a greater influence on Bitcoin's price.

Key facts

CoinDesk analyzed six years of Bitcoin price data.
Non-Farm Payrolls reports have not consistently moved Bitcoin's price significantly.
A clear or reliable correlation between NFP report releases and significant Bitcoin value shifts was not found.
Other market factors may influence Bitcoin's price fluctuations more than NFP reports.

Source: CoinDesk

Reported by VERA Newswire.