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VADODARA, February 2, 2026 — The U.S. Department of Labor announced it is delaying the release of its January employment data due to the partial federal government shutdown. This daily crypto analysis reveals how the absence of this critical macroeconomic indicator amplifies market uncertainty. Bitcoin currently trades at $78,999 amid extreme fear sentiment.
According to the official announcement, the Labor Department postponed the January employment report indefinitely. The partial federal government shutdown directly caused this delay. Market analysts expected the data on February 7, 2026. This creates a significant information vacuum.
Consequently, traders lack the Non-Farm Payrolls (NFP) and unemployment rate figures. These metrics traditionally guide Federal Reserve policy expectations. The Federal Reserve's official website outlines how employment data influences monetary policy decisions. Without this data, market participants operate blindly.
, the delay coincides with Bitcoin testing key psychological support. This convergence creates a perfect storm for volatility. Market structure suggests institutional players are reducing exposure ahead of the uncertainty.
Historically, government shutdowns have created temporary market dislocations. The 2018-2019 shutdown saw Bitcoin consolidate within a 15% range for 35 days. In contrast, the 2013 shutdown preceded a 45% Bitcoin rally once data resumed.
Underlying this trend is a clear pattern. Cryptocurrency markets react violently to macroeconomic data gaps. The current extreme fear reading of 14/100 mirrors October 2023 levels. That period saw Bitcoin drop 12% in one week.
Related developments highlight how regulatory uncertainty compounds market stress. Recent warnings from New York prosecutors about stablecoin legislation create additional headwinds. Similarly, high-profile crypto arrests with $56 million in Bitcoin seizures demonstrate ongoing regulatory pressure.
Bitcoin currently trades at $78,999, down 1.91% in 24 hours. The price action shows clear distribution patterns. A Fair Value Gap (FVG) exists between $81,200 and $82,500 from last week's rejection.
Volume Profile indicates thin liquidity below $78,000. The 200-day moving average provides dynamic support at $76,500. Market structure suggests this level represents a critical Order Block. A break below would trigger algorithmic selling.
, the Relative Strength Index (RSI) sits at 42, indicating neutral momentum. However, the weekly RSI shows divergence from price. This technical detail suggests underlying weakness. Fibonacci retracement levels from the 2025 high place key support at the 0.618 level of $75,800.
| Metric | Value | Significance |
|---|---|---|
| Crypto Fear & Greed Index | 14/100 (Extreme Fear) | Lowest sentiment since October 2023 |
| Bitcoin Current Price | $78,999 | Testing psychological $78k support |
| 24-Hour Price Change | -1.91% | Distribution phase continuation |
| 200-Day Moving Average | $76,500 | Critical dynamic support level |
| Government Shutdown Duration | Ongoing (Days TBD) | Direct cause of data delay |
Employment data directly influences Federal Reserve interest rate decisions. According to the Federal Reserve's official policy framework, maximum employment is a dual mandate. Without January data, the Fed lacks current labor market insights.
Consequently, cryptocurrency markets face extended uncertainty. Institutional liquidity typically contracts during data blackouts. This creates prime conditions for liquidity grabs. Recent 5,000 BTC whale transfers to Binance exemplify this behavior.
, the delay impacts Treasury yield expectations. Bitcoin's correlation with real yields has strengthened in 2026. Market analysts note this relationship currently shows -0.65 correlation. Extended data absence could decouple this relationship temporarily.
"The data delay creates an information asymmetry that favors high-frequency traders. Retail participants face increased gamma risk without employment figures to anchor volatility expectations. Historical cycles suggest these gaps resolve with violent moves once data resumes." - CoinMarketBuzz Intelligence Desk
Market structure suggests two primary scenarios based on the data delay resolution.
The 12-month institutional outlook depends on data resolution timing. If employment data releases within two weeks, markets likely experience a volatility spike then normalize. Extended delays beyond one month could trigger structural breakdowns. The 5-year horizon remains intact, but short-term dislocation risks increase.

Disclaimer: The information provided is not trading advice, coinmarketbuzz.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
coinmarketbuzz.com leverages advanced AI technology to analyze market data. All content is fact-checked and reviewed by our editorial team to ensure accuracy and neutrality.




