Why Is US Labor Data Important for Crypto Markets?

[etfs]

US Job Growth Over the Years. Source: X/Jed Kolko

US labor data signals how much disposable income households have. When job growth slows and wages weaken, people have less surplus cash to invest. Since retail investors often fund crypto purchases with discretionary income, softer labor data can reduce demand—especially for volatile assets.

[Abdul Khan]

Correlation doesn’t always mean causation in crypto markets.

[Nahid Hossen]

Markets often price in slowdowns well before they show up in data.

[Nahid Hossen]

Markets often price in slowdowns well before they show up in data.

[Nahid Hossen]

Correlation doesn’t always mean causation in crypto markets.