Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The US employment situation is getting rocky. Unemployment's crept into the mid-4% territory, and that's casting a shadow over Bitcoin along with the broader crypto market. When job numbers falter, risk assets typically feel the heat first. The labor market weakness isn't just a headline anymore—it's translating into downward pressure on digital asset prices. Worth watching how this macro headwind plays out in the coming weeks.

BTC-5.21%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
TokenDustCollectorvip
· 9h ago
The unemployment rate is rising, and the crypto world is going to suffer again... Every time the macro data is bad, Bitcoin is the first to bear the brunt.
View OriginalReply0
defi_detectivevip
· 9h ago
Here we go again, when the US stock market shakes, the crypto world shakes along, this wave is really a bit annoying. --- When the unemployment rate rises, it leads to dumping, I've seen through it a long time ago. --- The macro environment is not good, those who enter the market now are all brave warriors. --- Let's see how far it can fall, it might be a buy the dip opportunity. --- When the labour market weakens, Bitcoin crashes, this correlation is too tight. --- Instead of looking at weekly reports, it's better to watch the Fed's movements, that's the real topic. --- I've said it before, macro is dominant, stop focusing solely on coin prices. --- When the US economy sneezes, global risk assets catch a cold.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)