The US NFP report is one of the major releases for forex and bitcoin traders, causing sharp volatility in the markets. The US economy has steadily added jobs since May 2020. In June, 4.8 million jobs were added, beating expectations of 3 million. However, the unemployment rate is still much higher than the pre-pandemic levels and the surge of fresh coronavirus cases is an additional threat. Also, the federal pandemic unemployment assistance, which provided millions of jobless Americans with $600 per week, is set to expire in July. The next report will be crucial. The market expects further job additions of 2.2 million. The report could bring huge volatility to the US Dollar, Yen, and US and Asian indices.