# Why DOGE Just Had Its Best Day

Dogecoin jumped 6.1% today, and here's the plot twist: it's because more Americans got laid off.

The Federal Reserve Bank of Cleveland dropped a report showing 39,000+ workers across 21 states got WARN notices in October. Bad news for the economy, but crypto traders saw it as a green light.

**Here's the math**: Weak job market = Fed more likely to cut rates = easier money = crypto goes brrr.

CME Group's rate cut odds just spiked from 46.6% to 53.4%. The Fed votes Dec 9-10, and if they actually cut, expect DOGE and the broader crypto market to get a boost. Though fair warning—plenty of other stuff moves the needle too (macro conditions, Bitcoin dominance, etc).

After getting demolished yesterday, DOGE cut its weekly losses to just 6.8%. Not bad for a meme coin riding on jobs data.