Latest employment data shows ADP weekly job additions came in at 11.75K, slightly above the prior week's 11.5K and the revised 11.0K figure. These softer employment prints continue to paint a picture of a cooling labor market, which typically influences broader market sentiment and risk appetite. For crypto traders tracking macro drivers, weaker job creation tends to support expectations around monetary policy flexibility—a factor that's historically supported risk-on positioning in digital assets. Worth monitoring as we head into the end of the year.