November job data increases the likelihood of interest rate cuts, and Bitcoin shows a bullish divergence.
The latest US job data forces the Federal Reserve to adopt an accommodative monetary policy and aggressively lower interest rates in 2026.
US non-farm payroll data for November showed that the US economy added 64,000 jobs, exceeding expectations of 50,000.
However, the unemployment rate rose to 4.6%, the highest level since September 2021, indicating continued weakness in the labor market.
Additionally, 105,000 jobs were lost in October due to the government shutdown, and previous figures for August and September were revised down by 33,000. Slow wage growth also indicates a weak labor market.
> The unemployment rate rose to 4.6%, partly due to increased labor force participation. This trends upwards and above the Federal Reserve's medium expectations. Slow wage growth also indicates weakness. The Federal Reserve may have to shift from a slightly neutral level to accommodative.
> — Joseph Wang
> December 16, 2025
Joseph Wang, the known interest rate trader and macroeconomist dubbed 'the Fed guy,' highlights that the weakness in the labor market may force the central bank to adopt an accommodative stance, abandoning its current neutrality.
At the same time, Anna Wong from Bloomberg Intelligence highlighted that the US economy may see continued disinflation over the next six months, giving the Federal Reserve room to aggressively cut rates.
The Federal Reserve's tilt towards easing creates a bullish backdrop for risk assets, with Bitcoin, large altcoins, and utility tokens among the best cryptocurrencies to invest in today.
## Bitcoin and Chainlink among the best cryptocurrencies to buy today
### Bitcoin (BTC)
Bitcoin appears to be in the late stages of a corrective phase, with technical indicators suggesting weakening downward momentum.
BTC shows bullish divergences across multiple key time frames, including daily, three-day, and weekly.
As shown in the daily chart below, Bitcoin has formed a double bottom structure around the $86,400 level, while momentum indicators like the Relative Strength Index and On-Balance Volume have printed higher lows, a setup that historically signals improved underlying strength.
Market intelligence platforms indicate that this week's correction was primarily driven by a cascading liquidation and panic selling from small retail participants. In contrast, on-chain data shows that larger holders, including sharks and whales, are actively accumulating during the downturn.
Social media analysis from Santiment shows that retail traders increasingly expect lower prices, while Glassnode data reveals that wallets holding between 100 and 1,000 Bitcoins have accumulated over 54,000 Bitcoins, marking the fastest accumulation pace for this category since 2012.
Investors who have missed the Bitcoin bull run so far have a final opportunity to buy the dip before a new record high in 2026.
### Bitcoin Hyper (HYPER)
Bitcoin's bullish strength paves the perfect backdrop for altcoins within the BTC ecosystem to witness explosive growth.
Bitcoin Hyper, the latest layer 2 project for BTC, has emerged as a favorite among both savvy investors and whales.
Ether scanners identified several purchases worth hundreds of thousands in HYPER, with one whale buying $650,000 worth of the new coin in a single transaction. The project's ICO offering has already raised over $29.5 million.
Bitcoin Hyper is powered by the Solana Virtual Machine and advanced zero-knowledge engineering. In recent weeks, ZK projects like Zcash and Arbitrum have seen significant success, boding well for HYPER.
Moreover, the top layer 2 coins tend to reach valuations in the billions. Even Stacks Bitcoin has a market cap peak exceeding $5 billion, indicating HYPER's bullish potential.
In addition to the noise, Bitcoin Hyper is built around real network utility, with the token's direct role in transaction fees, staking-based security, and ecosystem incentives across Bitcoin's layer 2 environment.
Given its low market value, many savvy investors expect returns of up to 10 times.
### Chainlink (LINK)
Chainlink remains a key piece of blockchain infrastructure, providing decentralized oracle services that allow smart contracts to securely interact with real-world data, APIs, and traditional financial systems.
Its role has become increasingly important with the expansion of tokenization, on-chain finance, and institutional blockchain adoption.
Recent on-chain data shows that large LINK holders have steadily increased their exposure since early November, indicating renewed long-term interest rather than short-term speculation. The top 100 wallets have accumulated $263 million in LINK since the beginning of November.
At the same time, the activity of the Chainlink ecosystem continues to grow, driven by the adoption of products like the Cross-Chain Interoperability Protocol (CCIP) and data flows used across DeFi, real assets, and institutional applications.
While LINK's price has lagged behind broader ecosystem metrics in recent months, analysts often see this divergence between network usage and valuation as a structural setup that may resolve as market conditions improve.
### XRP (XRP)
Bitcoin is not the only major asset that has formed a bullish divergence.
XRP's price has formed a series of lower lows, while the Relative Strength Index (RSI-14) has formed a series of higher lows, a classic bullish divergence pattern indicating hidden buying strength.
Furthermore, XRP spot funds continue to signal increasing institutional demand. The products have now gathered around $1.2 billion in assets under management, recording net inflows for 30 consecutive trading days since launch.
Historically, a similar pattern of continuous flows into Bitcoin and Ethereum spot funds has been observed before major bullish moves in both assets, indicating that institutional positioning is building again beneath the surface.
XRP continues to hold above support at $1.90. A break above $2 would signal the start of a new bullish run.
### Baby Nood (PEPENODE)
It seems that savvy investors are accumulating meme coins on Ethereum, with coins like Baby, Mug Coin, and Turbo in high demand.
Among the low-value gems, Baby Nood has emerged as a standout option and one of the best cryptocurrencies to buy today.
Baby Nood is the perfect blend of meme culture and utility. It is an interactive meme coin platform built on Ethereum that combines traditional token mechanics with a 'mine-to-earn' interactive system.
Instead of using physical devices, users buy and develop virtual mining contracts and facilities using $PEPENODE tokens, simulating mining activity in a browser environment.
Early participants can stake tokens and build customized contract setups that generate simulated rewards, which may include additional meme coins like Baby and Vartcoin.
The project's white paper outlines tiered contract incentives, phased presale pricing stages, and a roadmap leading to a live virtual mining simulator post-token launch. By integrating token utility interactions, Baby Nood aims to maintain community interest after the typical presale.
Early presale buyers also enjoy staking rewards of up to 500% annually.
The meme coin has already raised nearly $3 million in ICO, with early buyers hoping for returns of up to 100 times in the 2026 bull run.
