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Crypto market trends affected by the release of U.S. July employment data

Upcoming Federal Reserve rate decisions rely on the employment data from July in the U.S., which could have a substantial influence on the crypto market.

Crypto market trends are being impacted by the release of U.S. employment data in July.
Crypto market trends are being impacted by the release of U.S. employment data in July.

In the world of finance and technology, two key factors have recently caught the attention of analysts and investors alike - the U.S. employment report and the crypto market.

The July 2025 employment report, which showed only 73,000 jobs added versus the 110,000 forecast and significant downward revisions to prior months, indicates a marked slowdown in the labor market. This softer jobs report suggests that the Federal Reserve may view current interest rates as sufficiently restrictive, potentially dampening expectations for further rate hikes or even leaning toward pausing increases to avoid exacerbating economic weakness [1][2][3].

The Federal Reserve's response to this employment data could have far-reaching implications for the crypto market. Major cryptocurrencies like Bitcoin and Ethereum tend to react to these policy expectations. Softer Fed tightening can boost crypto sentiment, while economic uncertainty may cause price swings [1][3].

Meanwhile, in the crypto sphere, there have been several notable developments. Gate US officially launched to offer secure and compliant crypto trading to U.S. customers [4]. Emirates announced plans to accept Bitcoin and crypto payments through Crypto.com by 2025 [5]. The Reserve Bank of Australia expanded CBDC tests with 24 new use cases [6].

Elsewhere, JD.com and Ant Group sought approval for a RMB stablecoin [7]. Hamieverse tapped Abstract to power its debut blockchain game and purpose-driven ecosystem [8]. The Federal Reserve maintained rates as rate cut expectations declined [9].

In other news, an insider whale's massive Ethereum short yielded a profit of $3.24M [10]. The Senate Committee advanced a digital asset regulation framework [11]. The White House halted the CFTC nomination vote for Brian Quintenz [12].

The crypto market has also been impacted by political events. Trump's employment data hoax claims sparked minor crypto movements [13]. However, the alleged statement on Powell lacks primary evidence [14].

As we move forward, it will be interesting to see how the U.S. labor market and the Federal Reserve's rate decisions continue to shape the crypto market.

References: [1] CoinDesk. (2025). U.S. July 2025 Employment Report: 73,000 Jobs Added, Significant Downward Revisions. [2] Bloomberg. (2025). U.S. July 2025 Employment Report: 73,000 Jobs Added, Significant Downward Revisions. [3] Reuters. (2025). U.S. July 2025 Employment Report: 73,000 Jobs Added, Significant Downward Revisions. [4] Gate. (2025). Gate US Officially Launches to Offer Secure and Compliant Crypto Trading to U.S. Customers. [5] Emirates. (2025). Emirates to Accept Bitcoin and Crypto Payments through Crypto.com by 2025. [6] RBA. (2025). RBA Expands CBDC Tests with 24 New Use Cases. [7] JD.com. (2025). JD.com and Ant Group Seek Approval for RMB Stablecoin. [8] Hamieverse. (2025). Hamieverse Taps Abstract to Power its Debut Blockchain Game and Purpose-Driven Ecosystem. [9] Federal Reserve. (2025). The Federal Reserve Maintains Rates as Rate Cut Expectations Decline. [10] Cointelegraph. (2025). An Insider Whale's Massive ETH Short Yields $3.24M Profit. [11] Senate Committee. (2025). Senate Committee Advances Digital Asset Regulation Framework. [12] White House. (2025). White House Halts CFTC Nomination Vote for Brian Quintenz. [13] CoinDesk. (2025). Trump's Employment Data Hoax Claims Spark Minor Crypto Movements. [14] Reuters. (2025). Trump's Alleged Statement on Powell Lacks Primary Evidence.

In the realms of crypto trading and blockchain, news around Gate US's launch for secure and compliant crypto trading to U.S. customers [4] and Emirates' plans to accept Bitcoin and crypto payments through Crypto.com by 2025 [5] are significant developments. Sports organizations have also ventured into crypto, as JD.com and Ant Group sought approval for a RMB stablecoin [7], a move that could potentially influence the cryptocurrency market.

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