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via CoinDesk · By CoinDesk Staff

Hiring slowdown could be great for bitcoin (BTC) — unless wages spoil the party

BTC

BTC/USDT

$64,864.01

+0.80%

$64,864.01

+0.80%

(24s)

24h Volume

$4,954,541,836.11

24h H/L

$64,940.51 / $64,293.81

Change: $646.70 (1.01%)

Long/Short

63.9%

Long: 63.9%Short: 36.1%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,747.24

▲ 0.58%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$65,295.47

Price$64,747.24

Support 1$64,050.00

Support 2$62,975.21

Support 3$61,824.97

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):52.3

CoinDesk Staff

(11:31 AM UTC)

1 min read

Verified byDavid Kim

1372 views

0 comments

Your day-ahead look for May 8, 2026

Friday’s U.S. nonfarm payrolls report could inject volatility into the crypto market. Economists expect April job growth to slow sharply, with payrolls forecast to rise by just 62,000 compared with March’s 172,000, while the unemployment rate is seen holding steady around 4.3%, according to Reuters.

At first glance, weaker hiring data appears supportive for…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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