🚨 US Jobs Revision, A Rare Market Catalyst
At 7:30 PM IST tonight (Sept 9, 2025), the U.S. Bureau of Labor Statistics will publish its annual benchmark revisions, a once-a-year update that adjusts job growth data using more reliable payroll records. This year’s revision is expected to be historic, with estimates suggesting 600K to 1M jobs may be erased from previous reports.
Why it matters: a weaker labor market strengthens the case for Federal Reserve rate cuts. Traders are already pricing in at least a 25 bps cut, and some even see room for 50 bps. The dollar has already slid to a seven-week low, signaling shifting expectations.
For crypto, this could be a decisive moment. A sharp downward revision may reignite risk appetite, giving Bitcoin and altcoins room to push higher. But the volatility risk is real, every data point in tonight’s release could swing sentiment sharply.
This isn’t just another jobs update. It’s a macro trigger that could shape crypto’s momentum heading into Q4. Stay sharp, the next move may start tonight.
