According to The Kobeissi Letter, the May 2025 US employment data revealed a significant discrepancy of 835,000 jobs between the non-farm payrolls and the household survey. While the official non-farm payroll report showed an addition of 139,000 jobs, the household survey indicated a loss of 696,000 jobs, marking the second-largest monthly decline recorded. This divergence increases uncertainty about the true state of the US labor market, fueling volatility in both traditional and cryptocurrency markets as traders react to conflicting economic signals. Clear labor market uncertainty tends to heighten crypto market sensitivity to macroeconomic data, impacting Bitcoin, Ethereum, and altcoin price action in the short term (Source: @KobeissiLetter on Twitter, June 9, 2025).