Bitcoin and markets are volatile with the delay in the revision of employment figures to be announced in the US today.

The figures, which should be announced at 10:00 a.m ET under normal conditions, have not yet been published. This situation caused a significant movement in the markets. Bitcoin first rose above $60,000 and then fell below $59,200.

Wall Street analysts, on the other hand, are of the opinion that this downward expected revision could reach up to 1 million. Banking giants Goldman Sachs and Wells Fargo expect the US economy to create 600 thousand to 1 million fewer jobs in the 12 months to the end of March.

On the other hand, JPMorgan economists estimate that this figure will be around 360 thousand. If the figure is announced above 501 thousand, this will be the biggest revision in employment data in the last 15 years. A large revision could fuel concerns that the Fed is not cutting interest rates on time.