HERE WE GO AGAIN!
(third sale for the same reason)
The U.S. December jobs report is in, and it’s a big one. Here’s the breakdown and what it means for your crypto bags:
The Numbers
Jobs Added: 256K (vs. 160K expected).
Unemployment: Down to 4.1% (from 4.2%).
Wage Growth: +0.3% monthly, steady at +4.0% annually.
WHAT IT MEANS FOR CRYPTO
Hawkish Fed Ahead?
Strong job numbers = resilient economy = inflation risk. This might push the Fed to hold off on rate cuts in 2025, bad news for risky assets like crypto in the short term.
Short-Term Bearish Vibes
With tighter financial conditions, expect price dips on Bitcoin, Ethereum, and altcoins. Smaller coins could see heavier losses as traders flee to safety.
Dip = Accumulation Opportunity
While weak hands panic, big players (whales) might use this as a chance to scoop up BTC and ETH on the cheap. Stay calm, zoom out.
TL;DR
Stronger jobs report = less chance of Fed rate cuts = short-term pain for crypto. But with long-term adoption trends and events on the horizon, this could be your chance to buy the dip before the next pump.