Sultan usman

$BTC
BITCOIN IS DROPPING — AND HERE’S THE REAL REASON 👇📉
Bitcoin is down today for a very specific reason — and most people aren’t explaining it correctly.
The trigger is coming straight from China, and the timing is crucial.
Yes, China is impacting Bitcoin once again.

Here’s what’s actually happening 👇
China has tightened regulations on domestic Bitcoin mining, leading to fresh shutdowns across key regions.

In Xinjiang alone, a large portion of mining operations were forced offline in December.
Estimates suggest around 400,000 miners went offline within a short period.

You can already see the impact in on-chain data.

📉 Network hashrate has dropped roughly 8%.
When miners are suddenly pushed offline, several things happen quickly:
• Mining revenue drops instantly
• Miners need cash to cover costs or relocate
• Some are forced to sell $BTC
to stay liquid
• Short-term uncertainty spikes
This creates real sell pressure, not fear-driven speculation.
Importantly, this is not a long-term bearish signal for Bitcoin.

It’s a temporary supply shock caused by policy decisions — not weakening demand.
We’ve seen this cycle before:

China cracks down → miners shut down → hash rate dips → price wobbles → network adjusts → Bitcoin moves forward.

Expect short-term volatility, but from a long-term perspective, this changes nothing 🔥

#USJobsData

U.S. Jobs Data Beats Expectations, but Rising Unemployment Clouds Fed Outlook
The U.S. labor market delivered a stronger-than-expected jobs gain in September, even as unemployment unexpectedly moved higher, according to long-delayed government data released Thursday.
The report, originally scheduled for early October, was postponed by nearly six weeks due to the federal government shutdown—leaving markets without timely labor insights during a highly volatile period.

Key Highlights
• Nonfarm payrolls: +119,000 (vs. 50,000 expected)
• Unemployment rate: 4.4% (vs. 4.3% forecast)
• August payrolls: Revised to a 4,000-job decline
• Next labor report: Mid-December
Labor Market Shows Resilience, but Cracks Are Emerging
According to the Bureau of Labor Statistics, September hiring exceeded expectations, signaling that demand for labor remains intact. However, the rise in unemployment to 4.4% suggests some cooling beneath the surface, pointing to a more balanced—but less tight—labor market.
Because the data is backward-looking, its usefulness is limited as policymakers approach the Federal Reserve’s final meeting of 2025 with incomplete employment visibility.
Market Reaction: Risk Assets Stay Firm
Markets showed little reaction to the delayed data, as expectations were already set:
• Bitcoin held steady near $91,900, supported by strong Nvidia earnings and renewed tech optimism
• Nasdaq futures: +1.9%
• S&P 500 & Dow futures: Higher
• 10-year Treasury yield: ~4.11%
• U.S. dollar: Slightly stronger
The muted response reflects the market’s view that the report does not materially change the policy outlook.
Fed Rate Cut Expectations Remain Off the Table
Traders had largely ruled out a December rate cut even before the data release, citing:
• A consistently hawkish Fed tone
• Persistent inflation risks
• Uncertainty from missing labor-market data
Thursday’s mixed report—strong payrolls, higher unemployment—is unlikely to shift that stance.

Outlook
The September jobs report paints a picture of a labor market that is resilient but gradually cooling. With no fresh employment data until mid-December, markets are expected to remain driven by:
• Corporate earnings
• Tech sector momentum
• Interest-rate expectations

Bottom line:
Hiring remains firm, unemployment is inching higher, and the Fed’s December policy path appears unchanged. For now, crypto and equities continue to take their cues from earnings strength rather than delayed economic data.