#USJobsSlump
The U.S. job market significantly influences the prices of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Typically, a weakening job market can lead to expectations of Federal Reserve interest rate cuts, which may boost cryptocurrency prices. Conversely, a strong job market may result in interest rate hikes, potentially dampening crypto valuations.These instances highlight the sensitivity of cryptocurrency markets to U.S. employment data, as investors adjust their expectations based on potential monetary policy responses to labor market conditions
