🚨 U.S. Mass Layoffs Spark Recession Anxiety — Here’s Why $BTC Dumped to $63K 📉
In January 2026, U.S. companies announced roughly 108,435 job cuts 🧾 — a +118% jump vs Jan 2025 and a massive +205% spike from Dec 2025.
That makes it the worst January for layoffs since 2009, back in the depths of the Global Financial Crisis 😬🏦.
🔍 What does this mean for crypto?
Crypto is a risk-on asset, and it reacts fast to macro stress. While layoffs don’t directly move prices, they shift sentiment, liquidity, and rate expectations — and that’s where the damage happens.
• Rising layoffs = recession fears 🚨
• Recession fears = risk-off mode ❄️
• Risk-off = investors ditch volatile assets like crypto 📉
📉 Market reaction:
As Wall Street slid, crypto followed:
Bitcoin dumped to around $63,000 🟠
Ethereum fell near $1,842 🔵
Bottom line: macro stress is tightening liquidity and shaking confidence. Until the data stabilizes or policy expectations flip, volatility stays elevated ⚠️📊
