Non-farm payroll data nuclear bomb detonates, November employment situation will be revealed soon, the cryptocurrency market will welcome significant changes.
December 16 is a critical day for the cryptocurrency market, as the U.S. November non-farm employment report is about to be released. This is the first monthly employment data released after a 43-day federal government shutdown, and the true state of the labor market will soon come to light. Every change in the data could cause a big wave in the cryptocurrency market.
The Federal Reserve has already signaled: officials predict that the unemployment rate will rise to a peak of 4.5%, and Powell has directly stated that the labor market is under pressure, with new job creation likely experiencing negative growth. Currently, the job market is in an awkward situation of having few hires and few layoffs, with young job seekers being the most affected; over half of employers believe that the job market for the 2026 graduates is not promising.
Experts believe that the aging population, combined with immigration restrictions, will increasingly tighten labor supply, and the number of new jobs added each month is likely to be very small.
For the cryptocurrency market, this report serves as a barometer for determining whether the Federal Reserve will cut interest rates. If the data is poor, people will feel more strongly that the Federal Reserve will further loosen its policies, increasing dollar liquidity, and risk assets like Bitcoin will surge as if they've been injected with adrenaline; historically, there have been instances where poor non-farm data caused Bitcoin to rise by 8% in a single day.
On one hand, Powell mentions the downward risks in employment, while on the other hand, the market is hoping for looser policies. This non-farm report will provide key answers. Do you think it will be a booster for the cryptocurrency market's year-end rally or a brake? Share your answer at 聊天室.
Top-tier news, top-tier layout, the same opportunities, the same gains, join in to benefit, the strategy continues, guessing is not as good as 👉淘金基地 to grasp. #加密市场观察 #中美贸易谈判 $BTC $ETH $ZEC


