Bitcoin Falls as U.S. Jobs Data Fail to Materially Alter Rate Cut Bets
December 17, 2025
Bitcoin fell as the latest U.S. jobs data weren’t soft enough to materially alter interest-rate cut expectations for the Federal Reserve.
The data Tuesday showed the unemployment rate rose to 4.6% in November, above expectations and the highest level in more than four years. However, nonfarm payrolls exceeded forecasts, rising 64,000 in November.
The data were delayed due to the recent government shutdown. Fed Chair Jerome Powell has warned data could be distorted due to the shutdown.
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