A “softening, not collapsing” jobs market meets a tired crypto rally
Bitcoin has spent the later weeks of November struggling to hold momentum after setting new highs earlier in 2025. At the same time, US labor data has begun to signal a different kind of warning, not a jobs crash but a clear loss of heat.
The US unemployment rate has climbed from the low-3% range seen in 2022-2023 to the mid-4% area, its highest level in several years. Monthly nonfarm payroll gains have slowed from…
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