US jobs data and Bitcoin mining earnings to test crypto markets

The market's shaky nerves face a critical test this week as macroeconomic data collides with corporate balance sheets. All eyes turn to Friday's U.S. nonfarm payrolls report, a data point that carries enough weight to dictate whether the Federal Reserve pivots on interest rates come September. Crypto traders are already on edge after a brutal weekend wipeout, making this labor market snapshot the week's most anticipated volatility catalyst. On the corporate front, the focus shifts to the balance sheets of the industry's biggest players. Galaxy Digital and Circle are set to provide updates on their operational health, while American Bitcoin miners report their latest earnings. These figures will reveal how much the April halving is actually hurting bottom lines. With Bitcoin struggling to reclaim its footing above $60,000, investors are hunting for any sign that institutional appetite hasn't vanished. Will the jobs numbers provide the soft landing bulls are praying for?