Cryptocurrency market faces volatility in September due to potential economic slowdown

From Investing.com

September 2, 2024 08:00 AM:

The cryptocurrency market braces for volatility in September as employment data impacts digital assets. Reports suggest a potential economic slowdown with downward revisions to employment forecasts, signaling a contracting labor market. Key events this week include ISM Manufacturing, JOLTs, Factory Orders, and NFP report on Friday. Market closely monitors employment indicators for signs of deviation. Flooding to safer havens could negatively impact cryptocurrencies.

Read more at Investing.com: Key Events You Can’t Miss By U.Today