The U.S. Bureau of Labor Statistics is scheduled to release its March non-farm payroll data later today, which is expected to heavily influence the Federal Reserve’s monetary policy decisions. The market anticipates a significant impact, potentially leading to accelerated interest rate cuts if the data reveals weakness. This could positively affect the cryptocurrency market. Conversely, strong employment figures may negatively affect risk assets. 139,000 jobs are anticipated for March (down from 151,000 in February), with the unemployment rate expected at 4.2% and the average hourly earnings growth rate projected at 0.4%. 139,000 jobs are anticipated for March (down from 151,000 in February). Analysts from Bitunx predict that a weak employment market will bolster expectations for interest rate cuts by the Federal Reserve within the year, potentially fueling increased market liquidity and boosting risk assets. Bitcoin is currently facing short-term support at 80,000 and long-term support at 78,000. Volatility in the cryptocurrency market has been exacerbated recently by U.S. President Trump’s tariffs and expectations of a global economic slowdown, impacting market sentiment.