Welcome to the ABD Crypto News Morning Bulletin—this is your essential source summarizing the key developments of the day in the crypto world!
Grab your coffee, because the latest employment data from the ABD is sending mixed signals regarding employment, wages, and unemployment rates. Traders are discussing what all these developments mean for risky assets, from stocks to Bitcoin, amidst the ongoing volatility.
Today's Crypto News: The decline in employment in October and the limited increase in November indicate market instability
The U.S. Non-Farm Payroll (NFP) report for October and November 2025 surprised the market. Because these figures are among the most critical economic indicators of the week. The report indicated a cooling labor market that could resonate in both stock and crypto markets.
According to the U.S. Bureau of Labor Statistics (BLS), the number of jobs sharply decreased in October, falling by 105,000, which is well below the estimated -25,000. This indicates a significant loss of momentum.
Analysts view this data as an exception and attribute it to the government’s delayed data collection and seasonal adjustments.
November saw an increase of 64,000, slightly above market consensus (the expectation was 50,000). However, the unemployment rate rose from 4.4% in October to 4.6% in November, which is above the expected 4.5%.
The rise in November offers a partial relief while also highlighting the recent imbalanced picture in the U.S. labor market.
Fed and Market Effects on Bitcoin and Risky Assets
These data seem likely to strengthen dovish narratives at the Federal Reserve. Powell had previously cited the weakening in the labor market as a reason for interest rate cuts, and today’s developments indicate that the economy is still far from 'overheating.'
Traders may perceive a signal that more easing is possible in 2026. This could support risky assets, including Bitcoin, if liquidity expectations are maintained. The leading cryptocurrency is stuck around $90,000, and the data released today could increase volatility in the short term.
Weak recovery in November following a weak October could pave the way for a relief rally in Bitcoin up to $95,000 as markets price in potential Fed stimulus.
On the other hand, a higher-than-expected unemployment rate could rekindle recession fears. This could lead to fluctuations in crypto, stock, and foreign exchange markets.
Jimmy Xue, COO and Co-Founder of Axis, stated: 'Generally, the end of uncertainty is welcomed by the markets. However, this data flow is quite unique. The slowdown trend could trigger a rapid rally in crypto with fresh hopes of aggressive interest rate cuts by the Fed in 2026. However, if the data comes in too weak, the narrative could quickly shift from hopes of liquidity to fears of recession. Historically, this suppresses risk appetite across all markets.'
Market participants continue to remain cautious. The exceptional nature of October data and the delayed collection of November data pave the way for statistical deviations and revisions.
Algorithmic trading and a weak liquidity environment could further increase volatility in the short term. Therefore, taking controlled positions is critically important.
Amid mixed signals, demand for traditional safe havens like gold may continue. While the U.S. dollar remains under pressure, risk appetite appears fragile in technology-heavy sectors. For details.
Chart of the Day
Here’s a summary of other important U.S. crypto news you can follow today:
Why did Scott Bessent wage war on Congress’s stock trading?
The last major deal of 2025: What does Wall Street’s rotation plan mean for crypto?
Grayscale predicts 10 major crypto investment themes for 2026 as the institutional era begins.
Trump signals a pardon for Samourai Wallet: Is another one coming after CZ and Ulbricht?
While XRP ETFs recorded a monthly inflow, BTC and ETH funds lost $4.6 billion.
Gold approaches ATH again while Bitcoin is at a historical low: Is it time for a turnaround?
Markets are reassessing interest rate expectations: Miran challenged the narrative ahead of the November inflation data.
Critical chart test in JPMorgan’s Ethereum move: Up or down?
Crypto Stock Market Pre-Market Overview
Company December 15 Close Pre-Market Outlook Strategy (MSTR) $162.08 $165.23 (%1.94) Coinbase (COIN) $250.42 $253.61 (%1.27) Galaxy Digital Holdings (GLXY) $24.54 $24.59 (%0.20) MARA Holdings (MARA) $10.70 $10.82 (%1.12) Riot Platforms (RIOT) $13.71 $13.81 (%0.73) Core Scientific (CORZ) $15.28 $15.27 (-%0.065)
Race for market opening in crypto company stocks: Google Finance
