The U.S. jobs report for September 2025 revealed a rise in unemployment to 4.4%, marking the highest level since October 2021, with 119,000 jobs added. This development has contributed to a decline in Bitcoin prices, which fell below $82,000 as market participants reacted to potential shifts in Federal Reserve policy and engaged in panic selling.
The report's impact was significant, leading to over $2 billion in cryptocurrency liquidations, including $962 million in Bitcoin. The cancellation of the October jobs report due to a government shutdown and the delay of November data until after the December FOMC meeting have further fueled market uncertainty, prompting traders to reassess their expectations for future rate cuts.
U.S. Unemployment Rises, Bitcoin Drops Below $82K Amid Market Uncertainty
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
