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Bitcoin whipsaws after the NFP report as the focus remains on the Middle East developments

FUNDAMENTAL OVERVIEW Bitcoin couldn’t extend the gains on Friday despite a soft NFP reportand the cryptocurrency eventually ended the day negative. There wasn’t any bearish catalyst for the downside move, it’s just that the NFP report didn’t matter much in the bigger picture since the totality of the US data continues to be strong and the…

Elena Marsh · October 5, 2026 · 1 min read

FUNDAMENTAL OVERVIEW Bitcoin couldn’t extend the gains on Friday despite a soft NFP reportand the cryptocurrency eventually ended the day negative. There wasn’t any bearish catalyst for the downside move, it’s just that the NFP report didn’t matter much in the bigger picture since the totality of the US data continues to be strong and the…

Source: ForexLive.

Written by Elena Marsh
Markets Editor · Published October 5, 2026
Writes about broker regulation, market structure, and how to evaluate trading platforms for GlobalFXHub.