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BTC drops below $66,000, Non-Farm Payrolls to be released tonight at 20:30
Bitcoin is currently priced at around $66,000, down approximately 1.5% over the past 24 hours, with a total market capitalization falling below $2.5 trillion. Altcoins have experienced even larger declines, with SOL down over 5% and ETH down about 3.4%. Tonight at 20:30, the US will release the March Non-Farm Payrolls data, with market expectations of about 60,000 new jobs added and the unemployment rate remaining at 4.4%. The data's outcome will directly influence the Federal Reserve's interest rate cut expectations and the short-term direction of the crypto market.