Crypto Investors Are Dumping After US JOLTS Report, Speculating High Interest Rates
The crypto industry is not off to a good start this 2025, particularly as towards the end of the year and when we entered a new calendar, the market saw significant crashes that are still ongoing. From the bullish market in the last months of 2024, there are speculations that it is nearly over and is transitioning to a bearish one as investors are already dumping loads of their digital assets.
One of the latest reasons for the crypto dumping trend that is happening now is the latest report from the US JOLTS which while it talked about a healthy labor market, is interpreted as a bad sign for the blockchain industry.
Crypto Investors Are Dumping Assets After US JOLTS Report
The United States Job Openings and Labor Turnover Survey (JOLTS)…