US jobs data shows a sharper-than-expected cooldown, with private employers shedding 32,000 positions in November while unemployment claims hit a three-year low, signaling a mixed but softening labor market. This uncertainty is shaking the USD, pressuring the DXY, and boosting risk-sensitive assets like BTC, ETH, and even safe-havens such as XAU. Markets now expect weaker labor strength to push the Fed closer to rate cuts, intensifying volatility across both forex and crypto.