NFP (NFPrompt) has risen 11.38% in the last 24 hours.

Gate News Bot news, on August 27, according to CoinMarketCap data, NFP (NFPrompt) is currently priced at $0.07, up 11.38% in the last 24 hours, with a high of $0.07 and a low of $0.06. The current market capitalization is approximately $325,000, an increase of nearly $33,100 from yesterday. NFP is currently ranked 726th in global Crypto Assets market capitalization.

NFP recent important news:

1️⃣ The impact of US Non-Farm Payroll data on the Crypto Assets market The United States is about to release the August Non-Farm Payroll report (NFP), with the market expecting an increase of 164,000 jobs and an unemployment rate of 4.2%. This important economic indicator may influence the Federal Reserve's future monetary policy decisions, thereby causing fluctuations in the cryptocurrency market, including NFP.

2️⃣ The reaction of the gold market may provide a reference for NFP trends After the release of the non-farm payroll data, gold prices experienced a rise, indicating a shift in market expectations regarding Federal Reserve policies. As another type of safe-haven asset, NFP may be influenced by similar factors, and investors should closely monitor the correlation between gold and Crypto Assets markets.

3️⃣ The USD trend shows an inverse relationship with NFP prices After the release of the non-farm payroll data, the US dollar experienced a limited rebound. Typically, a stronger dollar puts pressure on Crypto Assets prices. However, the recent price rise of NFP indicates that it may be supported by other stronger positive factors.

From a technical perspective, NFP broke through the $0.07 mark, showing strong pump momentum. However, considering the high volatility of the Crypto Assets market, investors still need to be cautious about potential retracement risks.

This message is not an investment advice; investors should be aware of market volatility risks.