Cryptocurrency8 May 2026SEO 801 min read

Analysis: U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party

Your day-ahead look for May 8, 2026 This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here , if you haven't already. Friday’s U.S.…

Your day-ahead look for May 8, 2026 This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here , if you haven't already. Friday’s U.S. nonfarm payrolls report could inject volatility into the crypto market. Economists expect April job growth to slow sharply, with payrolls forecast to rise by just 62,000 compared with March’s 172,000, while the unemployment rate is seen holding steady around 4.3%, according to Reuters. At first glance, weaker hiring data appears supportiv…

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