According to The Kobeissi Letter, the US labor market is showing underlying weakness as full-time employment dropped by 623,000 in May 2025, marking the fourth largest monthly decline in the past five years and the second drop this year. This significant reduction in full-time jobs, as cited by The Kobeissi Letter on June 20, 2025, signals potential economic instability that could impact investor sentiment across traditional and crypto markets. Traders should monitor the potential for increased volatility in BTC and ETH, as risk-off sentiment from labor market weakness historically leads to shifts in crypto asset flows.

According to The Kobeissi Letter, the US labor market is showing significant weakness as full-time employment dropped by 623,000 in May 2025, marking the fourth largest monthly decline in the past five years and the second monthly drop this year (source: The Kobeissi Letter, Twitter, June 20, 2025). This reduction in full-time employment's share of the labor force may signal a slowing US economy, which could drive increased interest in safe-haven assets such as Bitcoin (BTC) and other cryptocurrencies. Traders should closely monitor these labor trends, as a weaker labor market could influence Federal Reserve policy and impact both traditional and crypto markets.

According to Stock Talk (@stocktalkweekly), ADP private employment in May 2025 increased by only 37,000 jobs, significantly below the forecasted 115,000. This weaker-than-expected jobs data signals potential economic softness, which could influence Federal Reserve policy decisions and increase market volatility. For crypto traders, the disappointing employment numbers may lead to heightened price swings for Bitcoin and Ethereum, as investors reassess risk assets in light of possible rate cut expectations (Source: Stock Talk).