NFP = Non-Farm Payrolls.

It’s a major U.S. jobs report released monthly, usually on the first Friday of the month.

It shows things like:

* 🇺🇸 How many jobs were added/lost in the U.S.
* 📊 Unemployment rate
* 💵 Wage growth

Why crypto traders care

Strong jobs data → Fed may have less reason to cut rates → USD/yields can rise → crypto may face pressure.

Weak jobs data → expectations for easier Fed policy can increase → BTC/ETH may get a boost.

So when traders say “waiting for NFP”, they basically mean: “Let’s see what the U.S. jobs data says before making a big move.”