#2025非农数据 's Impact on Crypto
Key Impact Summary of November 2025 Non-Farm Data (to be released on November 20): Data: 119,000 new jobs (far exceeding the expected 53,000), unemployment rate steady at 4.3% → Significantly bearish for crypto
Direct Impact on Cryptocurrencies (already occurred + subsequent expectations): The probability of a Fed rate cut in December plummeted to 31.8% (from 58%)
The US Dollar Index (DXY) surged, and US Treasury yields skyrocketed
The crypto market instantly plunged by 2-5% BTC: fell below $100,000, lowest at $98K
ETH: dropped to around $3,100
High Beta coins (SOL, XRP, DOGE, etc.): decline exceeded 5-8%
BTC ETF saw a net outflow of approximately $140 million in a single day (the second-largest outflow this year)
Fear and Greed Index fell to the "Extreme Fear" zone (22)
Therefore, this non-farm report is one of the most bearish macro events since 2025, with a short-term bearish outlook, BTC support level at $94K-$95K, ETH support around $3,000.$BTC $ETH $BTC
