Weak U.S. Jobs Report Meets Strong Services Data: What It Means for Crypto

Non-farm payrolls increased by just 22,000 jobs in August , far below ￰0￱ was revised to show job losses, while July improved ￰1￱ the slowdown, the unemployment rate sits at 4.3%, but the broader U6 measure—counting part-time and discouraged workers—is closer to 8% , showing more weakness under the ￰2￱ contrast, the ISM services index , which makes up 72% of the economy, stayed ￰3￱ orders and business activity point to ongoing growth, while rising prices hint that inflation could heat up again. Historically, ISM price trends show up in CPI with a lag of three to four ￰4￱ crypto, the mix is ￰5￱ jobs data could push the Fed toward rate cuts , a potential boost for Bitcoin and other risk ￰6￱ the same time, stronger services and sticky inflation may limit how dovish the Fed can ￰7￱ tug-of-war creates uncertainty but also fuels volatility, which often benefits active traders in crypto markets.