The Non-Farm Payrolls (NFP) report, released on October 4, is a major U.S. economic indicator that influences global financial markets, including crypto. It tracks employment changes, unemployment, and wage growth, all of which signal economic health and Fed policy direction. Strong jobs growth may suggest a hawkish Fed stance, creating downward pressure on risk assets like BTC, ETH, Solana, and Avalanche. Weak growth could indicate potential easing, supportive of crypto prices. Wage trends further affect inflation expectations, which influence monetary policy. Traders anticipate short-term volatility around the report, as rapid reactions occur across crypto, equities, and other correlated assets.