US Job Market Crisis Raises Stakes for Crypto Prices in December and January
The weakening US labour market is emerging as a major risk variable for crypto heading into December and early 2026. Rising layoffs, slowing hiring, and deteriorating consumer confidence have intensified expectations of a Federal Reserve rate cut.
The shift could influence Bitcoin and Ethereum more sharply than equities due to fragile liquidity conditions across digital assets.
Layoff announcements surged in October to their highest level since 2003. Several large employers cut jobs or froze hiring, reflecting tariff costs, AI restructuring, and post-shutdown uncertainty.
Consumer confidence also fell in November as job insecurity increased.
Despite these pressures, weekly…
