The Nonfarm Payrolls Surprise That Could Rattle Bitcoin Before Christmas | US Crypto News
Mixed US labor data, featuring an October jobs collapse and a modest November gain, creates uncertainty for the Fed and Bitcoin's price near $90,000.Summary
The recent US Nonfarm Payrolls (NFP) report for October and November 2025 presented mixed signals, with October showing a surprising 105,000 job loss (attributed by some analysts to data collection disruptions) and November posting a modest 64,000 gain, exceeding expectations. However, the unemployment rate climbed to 4.6%, higher than anticipated. This data reinforces dovish narratives for the Federal Reserve, potentially supporting risk assets like Bitcoin if expectations for 2026 easing remain strong, possibly pushing BTC toward $95,000.
Conversely, the rising unemployment rate could trigger recession fears, leading to whipsaw volatility. Experts note that while initial relief might boost crypto on hopes of Fed accommodation, overly weak numbers could pivot the narrative toward recession, dampening risk appetite. Market participants remain cautious due to potential statistical distortions and revisions in the outlier October data, making near-term volatility a concern for Bitcoin, which is currently trading near $90,000.
(Source：BeInCrypto)