NFP Has No Effect, Satoshi Nakamoto's Wallet Was Surprised To Give BTC!

<p>&nbsp;"Hey, it looks like the movement of BTC this week will continue to move horizontally, right?"</p><p><br /></p><p>The price of cryptocurrency king Bitcoin (BTC) is still trading below $44,452 even though the release of United States (US) jobs data (NFP) for December 2023 last Friday was 216,000 higher than the expected 170,000.</p><p><br /></p><p>Despite this, the unemployment rate remained unchanged at 3.7% and a strong jobs report led to a decline in the price of risky assets such as crypto, but BTC may be safe from a prolonged selloff due to the potential expected approval of the spot BTC ETF.</p><p><br /></p><p>This is because the Securities and Exchange Commission (SEC) is likely to approve more than a dozen BTC ETF spot applications in the next few days, so the crypto market is not expected to be affected by the NFP report.</p><p><br /></p><p><br /></p><p>Meanwhile, also stealing the spotlight is the issue of an unknown BTC user who transferred 26.9 digital assets worth $1.17 million to the genesis wallet which is the first wallet on the BTC network established by Satoshi Nakamoto.</p><p><br /></p><p>The amount is sent from the empty wallet to the genesis wallet accompanied by a $100 transaction fee and it should be known that the initial funding of the wallet involves transferring funds from three wallets to 12 others.</p><p><br /></p><p>According to Conor Grogan, a director at Coinbase theorized that the transaction was either Nakamoto 'woke up' and deposited BTC from Binance or someone burned over $1 million.</p><p><br /></p><p>Please note a recent transaction has increased his current balance to 99.67 BTC worth approximately $4.3 million.</p><p><br /></p><p>As of this writing, BTC price has plunged by 0.63% to $43,816 in the last 24 hours with a market cap of $858 billion but is still up 3.15% over the last week.</p>