Citing AMBCrypto, U.S. private-sector employment declined in November, with small businesses cutting 120,000 jobs, according to the ADP National Employment Report released on 3 December. The report, which highlights economic strain on smaller firms, has already influenced crypto market sentiment. Bitcoin and altcoins saw modest gains as traders priced in the possibility of a softer Federal Reserve policy in early 2026. Mid-sized and large companies, meanwhile, added 90,000 jobs combined, offering some resilience against fears of a deep economic slowdown. The mixed labor data reinforces the crypto market's sensitivity to macroeconomic signals and Fed expectations.
U.S. Small Businesses Shed 120K Jobs in November, Crypto Market Reacts
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