Bitcoin Rises 24% in a Month, Could US NFP Data Halt the Rally?

Bitcoin has once again come into the market spotlight after gaining around 24% over the past month. This Bitcoin rally has prompted investors to question whether the positive trend can continue or face new pressure from U.S. economic data.

Market attention is now focused on U.S. NFP (Nonfarm Payroll) data, which could influence expectations for Federal Reserve interest rates and the direction of global liquidity. U.S. employment data often triggers volatility because it can change investor sentiment toward risk assets such as Bitcoin.

Key Takeaways

• Bitcoin rose 24% in a month on improving market sentiment and capital inflows.
• U.S. NFP data could determine the direction of Bitcoin's next rally.
• Federal Reserve interest-rate policy and market liquidity are key factors driving BTC's price.

Bitcoin Up 24 Percent: What Is Driving the Latest Rally?

Bitcoin's rise in recent weeks shows that investor interest in the world's largest crypto asset is returning.

One of the key factors supporting the Bitcoin rally is growing market expectations for looser monetary conditions. When investors see the possibility of interest-rate cuts The Fed, risk assets such as Bitcoin typically receive support.

In addition, easing pressure on the U.S. dollar is also helping increase Bitcoin's appeal as an alternative asset. Capital often flows into assets such as Bitcoin and gold when investors seek protection from weakening fiat currencies.

Several factors supporting the latest Bitcoin price:

• Growing interest from institutional investors.
• Expectations for Federal Reserve rate cuts.
• Improving crypto market sentiment.
• Increasing global liquidity.

Read also: U.S.-Iran Conflict and Bitcoin Price: Why Could Geopolitics, Oil, and Interest Rates Affect BTC?

Impact of NFP on Bitcoin: Why Is This Data Important?

U.S. NFP data is one of the economic indicators most closely watched by global investors. The report shows the condition of the U.S. labor market and is often a key consideration for the Federal Reserve when determining interest-rate policy.

If NFP data shows that the U.S. economy remains too strong, the market may expect the Federal Reserve to keep interest rates higher for longer.

This situation could pressure Bitcoin because the U.S. dollar may strengthen and investors tend to reduce their exposure to risk assets.

Conversely, if NFP shows an economic slowdown, the market may see a greater chance of interest-rate cuts.

This scenario is usually a positive catalyst for Bitcoin because market liquidity may increase and investors may become more willing to enter risk assets.

Read also: Bitcoin and Crypto Could Be Volatile This Month: Will September Become a 'Rektember'?

Bitcoin Price Scenarios After the Release of U.S. NFP Data

Bitcoin's movement after the NFP data will largely depend on how the market interprets the report's results.

There are several scenarios to watch:

1. NFP is stronger than expected

If U.S. employment growth is far above expectations, investors may again become concerned about tighter Federal Reserve policy.

As a result, Bitcoin could face short-term selling pressure due to a stronger dollar and higher bond yields.

2. NFP meets expectations

Stable data could make the market move more calmly. Bitcoin may continue its trend based on other factors such as ETF flows, technical indicators, and investor sentiment.

3. NFP is weaker than expected

Weaker employment data could increase expectations for interest-rate cuts. This situation could provide additional momentum for the Bitcoin rally.

Read also: Bitcoin and Cryptocurrency According to NU: Permitted and Allowed!

Bitcoin Price Prediction for September 2026 After the Major Rally

Given current market conditions, the prediction for the Bitcoin price in September 2026 still depends on a combination of technical and macroeconomic factors.

Technically, Bitcoin has shown positive momentum after successfully breaking through several key levels. However, a rally that moves too quickly also increases the risk of profit-taking by investors.

Investors should pay attention to the following indicators:

• BTC trading volume movements.
• Capital inflows and outflows from the crypto market.
• The latest Federal Reserve policies.
• Market reaction after the NFP release.

If Bitcoin can maintain its momentum and economic data supports looser liquidity conditions, the possibility of further gains remains open.

However, if NFP raises concerns about higher interest rates, Bitcoin could enter a consolidation phase.

Read also: Bitcoin Could Decline: CoinGlass Data Reveals BTC Risk Levels

Latest Bitcoin Analysis: Is the Rally Still Safe?

In the latest Bitcoin analysis, the market is seeing bullish sentiment return after the previous period of pressure.

However, investors still need to remain cautious because Bitcoin remains highly sensitive to macroeconomic news.

The release of major economic data such as NFP often causes high volatility over a short period. Price movements can change rapidly even when the overall trend still appears positive.

For investors following Bitcoin developments, it is important not only to watch the price but also to understand the factors driving the market.

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Conclusion

Bitcoin rose 24% in a month and is showing strong bullish momentum, but the rally now faces an important test from U.S. NFP data. The results of the U.S. employment report could influence Federal Reserve interest-rate expectations and determine the direction of crypto market liquidity.

If NFP supports the prospect of monetary easing, Bitcoin could continue to rise. However, data that is too strong could trigger temporary pressure on BTC's price.

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FAQ

Why did Bitcoin rise 24 percent in a month?

Bitcoin rose due to improving positive market sentiment, expectations for looser monetary policy, and growing investor interest in crypto assets.

What is the impact of U.S. NFP on Bitcoin?

U.S. NFP data can influence Federal Reserve interest-rate expectations. Strong data can pressure Bitcoin, while weak data can support BTC's rise.

Can the Bitcoin rally stop after the NFP release?

Yes. If NFP data strengthens expectations for higher interest rates, investors may sell and put pressure on Bitcoin's price.

What is the Bitcoin price prediction for September 2026?

The Bitcoin price prediction for September 2026 depends on macroeconomic conditions, market liquidity, Federal Reserve policy, and investor sentiment.

Is Bitcoin still worth watching?

Bitcoin remains a leading crypto asset that receives significant attention from global investors. However, volatility and market risks must still be taken into account.