U.S. Jobs Report Shows Lower Gain, Crypto Market Impact Follows

3 mins mins

Key Points:

Non-farm payrolls rose by 50,000 in December, below expectations.
Markets reacted with higher rate-cut odds and risk asset adjustments.
Crypto markets see potential shifts due to macroeconomic conditions.

The U.S. Bureau of Labor Statistics reported December non-farm payrolls, showing an increase of 50,000 jobs, falling short of the expected 60,000, reflecting revised data.

This data influences Federal Reserve rate expectations, indirectly affecting cryptocurrency markets through changes in risk sentiment, leading to potential shifts in Bitcoin and Ethereum valuations.

December Payrolls Miss Forecast, Rate Cut Odds Rise

The U.S. Bureau of Labor Statistics reports that December non-farm payrolls increased by only 50,000, significantly undercutting market expectations. This outcome has shaped various financial market reactions, including heightened odds for rate cuts, consequently affecting the crypto market contextually.

According to data from the U.S. Bureau of Labor Statistics, December’s non-farm payrolls marked a rise of just 50,000, falling short of market expectations. The revision of previous months’ data contributed to market perspectives indicating a softening labor market. As a result, expectations for future rate cuts intensified, with market participants pricing in a 12% probability of a January Fed rate cut and a 40% chance of a cut in March.

Brian Wesbury, Chief Economist, First Trust, wrote, “Nonfarm payrolls rose 50,000 for the month of December itself but revisions for October and November, combined, subtracted 76,000.” – First Trust EconBlog

Bitcoin Remains Stable Amid U.S. Economic Data

Did you know? Historically, significant non-farm payroll surprises have influenced cryptocurrency markets indirectly by affecting U.S. dollar liquidity and risk sentiment. While no direct correlation exists, these macroeconomic events can trigger broad market reactions.

Bitcoin’s market performance reflects recent macroeconomic conditions. According to CoinMarketCap, Bitcoin (BTC) currently trades at $90,655.27 with a market dominance of 58.49%. Its market cap stands at $1.81 trillion, showing a 0.34% increase over the past 24 hours. Trading volume decreased by 19.11%, totaling $30.90 billion within the same period. Bitcoin’s circulating supply is nearly 19,974,040, indicating proximity to its maximum supply of 21 million coins.

bitcoin-daily-chart-5543 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 11:11 UTC on January 10, 2026. *Source: CoinMarketCap*

The Coincu research team suggests ongoing macroeconomic developments may sustain pressure on crypto markets. With recent policy-driven movements and ongoing technological advancements, experts emphasize close monitoring of regulatory changes and financial market trends to understand crypto market dynamics better.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.