PI dips by 1% as traders eye NFP report: check forecast

The cryptocurrency market has turned bearish ahead of the Non-farm Payroll (NFP) data in the United States. Bitcoin has dropped below the $70,000 level, while Ether is down 4% in the last 24 hours and now trades at $2,050. Currently, traders are focusing their attention on the US jobs report due at 13:30 UTC. The unemployment rate is expected to remain unchanged at 4.2% while nonfarm payrolls are forecast to drop to 59,000. The NFP report is crucial since it can influence expectations around Federal Reserve interest-rate policy, often leading investors to reduce risk exposure ahead of the release. PI - $0.227679794505960 the native coin of the Pi Network, has lost 1% of its value since Thursday.

Source: invezz.com

Related symbols: PIUSD

2026-03-06 13:53:02 GMT.