Key Takeaways:
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The US Labor Department changed payrolls to 911,000 jobs, the largest cut in history, which signed a weakness in the labor market.
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The revision boosts the expectations of a federal reserve rate cut even when inflation is still elevated.
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Bitcoin can reflect the Gold rally and regain momentum towards new Q4 highs.
Bitcoin (Btc) Can be set to benefit the price-wise in the coming weeks as the US Labor Department has brought the largest payroll revision to history, wiping 911,000 jobs from previously reported data for 12 months ending March 2025. That is an average of 76,000 oversis jobs per month, officially larger than the 2009 revision of the global global Rourge of global global crime.
According to Kobeissi NewsletterThe losses are concentrated in consumer -driven categories, including -176,000 leisure work and hospitality and –226,000 in trade, transportation, and equipment. The total private lease was overstated by 880,000 jobs, a scale of weakness that was invisible outside the Great Depression and the 2020 Covid-19 Pandemic.
Changes add to a about the trend. Last month, the US broke 258,000 jobs from the May and June reports. Yesterday’s revision was tacked with another 27,000, marked the largest two-month net revision in modern history outside of 2020. Next to the weak 22,000-job gain of August, the data all but locked at a federal reserve rate cut to the meeting next week.
The gold is already priced at; Bitcoin may next
Gold, the traditional value store, has moved by 40% this year, with gold miners almost doubling, almost 10 times in the S&P 500. Investors have a long betting that a weak labor market will force the Fed to act, despite the main consumer price index (CPI) back above 3% and growth near 3%.
For bitcoin, the implications can be stronger. Bitwise strategist André Dramotch got it successfully in an X post, Says,
“The Fed has not been cut off the rates – and people are still fading to #bitcoin compared to the money supply chart. The major USD stablecoins are glistening the same signal: Macro Liquidity is expanding. Bullish for #Bitcoin.”
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Bitcoin succeeds in expanding liquidity
As the Federal Reserve hopes to cultivate the rates of 25 basis points in eight days, it will mark the first cut in history with inflation still hot, stocks at Record Highs and GDP are strong. That combination implies one thing: the central bank prioritizes the weakness of labor over inflation, creating a “slippery but careful” tone.
The advantage remains clear for Bitcoin. Just as gold rallied months earlier in policy confirmation, leaning Bitcoin positioning and historical sensitivity to liquidity cycles could change this rare policy in a strongly reversed catalyst, which potentially revive momentum towards new Q4 highs.
The Analytics platform Tephra Digital earlier Forecasting that, that,
“If the lagged M2 and golden relationships of gold, the rest of the year can be interesting. The charts below point to $ 167K -185k.”
Related: Lessons learned from a Bitcoin graduate level class
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
