Crypto Rally Slows as U.S. Jobs Market Cools
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Bitcoin’s November momentum has faded just as U.S. labor data shows a “softening, not collapsing” job market.
Unemployment has climbed into the mid-4% range and payroll growth has cooled.
For crypto, weaker labor data shifts risk appetite and liquidity expectations — two forces that heavily influence BTC’s next move. -
Cooling job numbers often slow down risk assets — crypto is no exception.
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Rallies pause when uncertainty rises, especially around employment data.