US employment data released for December showed a significant miss on expectations. ADP nonfarm payrolls came in at just 41K, well below the forecasted 49K additions. The reading also marks a sharp deceleration from the previous month's downward revision of -29K. This softer labor market print could signal cooling economic momentum heading into 2025, a factor that typically influences Fed policy decisions and broader risk asset sentiment including the crypto market. Weaker employment trends often correlate with dovish monetary expectations, which historically benefits risk-on assets.
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0xLostKey
· 01-07 16:54
Whoa, 41k directly dumps? This data is even worse than expected, is the Federal Reserve getting desperate?
With such poor employment data, dovish expectations are taking off, is there another play in the crypto world?
Wait, can economic cooling really boost the market? Feels like the game has changed.
Oh my God, is this what they call "bad news is good news"? I still find it hard to believe.
Here we go again, every time employment data is bad, they say it's good for risk assets, but my wallet says otherwise.
41k really can't hold anymore, is a rate cut expectation coming this month?
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BugBountyHunter
· 01-07 16:52
Here comes the employment data kill again, I can't help but laugh at the 41K figure. The Federal Reserve must have chickened out.
Doesn't this mean a rate cut? Risk assets should take off, brothers.
Waiting to see if the economy cools down in 2025 or if Bitcoin takes off—betting on a rate cut expectation.
Weak labor force + dovish expectations, this combo is actually good news for the crypto world... feels like a wave is coming.
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CommunityWorker
· 01-07 16:37
41K? This data is really disappointing. Looks like I need to prepare to capitalize on this dovish wave.
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TokenVelocityTrauma
· 01-07 16:37
41K? Laughing out loud, is this data really from 2025? Feels like we're going backwards.
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ser_we_are_ngmi
· 01-07 16:27
Here comes the dump again, is this crazy 41K number real? Looks like it's time to buy the dip, friends.
US employment data released for December showed a significant miss on expectations. ADP nonfarm payrolls came in at just 41K, well below the forecasted 49K additions. The reading also marks a sharp deceleration from the previous month's downward revision of -29K. This softer labor market print could signal cooling economic momentum heading into 2025, a factor that typically influences Fed policy decisions and broader risk asset sentiment including the crypto market. Weaker employment trends often correlate with dovish monetary expectations, which historically benefits risk-on assets.