๐จ US Jobs Data Shocks Markets | BTC Volatility Ahead ๐
US Nonfarm Payrolls surprised traders ๐
โข October: โ105K jobs (much worse than expected)
โข November: +64K jobs, but unemployment rose to 4.6%
This mixed data signals a cooling US labor market, strengthening hopes for Fed rate cuts in 2026 ๐๏ธ
๐ฅ What it means for crypto:
BTC stuck near $90K โ short-term volatility likely
Dovish Fed = possible relief rally toward $95K ๐
But rising unemployment could revive recession fears โ ๏ธ
Gold attracting flows again ๐
Markets remain cautious before CPI.
#Bitcoin #BTC #CryptoNews #NFP #Fed
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