Crypto Markets Brace for Volatility as Traders Await Delayed U.S. Jobs Report

Source: DefiPlanet Original Title: Crypto Markets Brace for Volatility as Traders Await Delayed U.S. Jobs Report Original Link: https://defi-planet.com/2025/11/crypto-markets-brace-for-volatility-as-traders-await-delayed-u-s-jobs-report/

Quick Breakdown

• Bitcoin briefly crossed $93,000 as risk sentiment improved, though market fear remains elevated.
• A major trading platform notes that the delayed U.S. September jobs report could trigger sharp moves across BTC, gold, FX, and indices.
• Traders are watching for signals on whether the Fed may cut or hold rates in December, with market repricing already underway.

Risk Sentiment Improves Across Global Markets

Risk sentiment improved across global markets as traders processed stronger-than-expected Nvidia earnings and shifted attention to the long-delayed U.S. September Nonfarm Payrolls (NFP) report. Market analysts noted that digital assets, already rebounding from earlier weakness, could see outsized swings once the jobs data lands.

Bitcoin Tests $93K as Risk Assets Rebound

Crypto markets reacted swiftly to the renewed risk appetite. Bitcoin briefly pushed above $93,000 before giving up some of the move, while major crypto indices climbed 4.5% as traders rotated back into major tokens. Market observers highlighted that, despite the bounce, market sentiment remains in “extreme fear,” suggesting that price reactions to macro data may be sharper than usual.

Nvidia’s earnings outlook provided the initial spark. Shares of the chipmaker surged past earlier upside targets and hit an intraday high of $198.48, lifting U.S. indices. Major stock indices broke above their 50-day moving averages, easing near-term pressure on risk assets.

NFP Data Expected to Set the Tone for Bitcoin and Majors

The September NFP release, delayed due to the now-resolved U.S. government shutdown, will be published at 1:30 PM GMT. Economists expect 51,000 new jobs, more than double August’s figure, with unemployment steady at 4.3%.

A weaker print could revive expectations of a December rate cut, a scenario that historically supports Bitcoin and broader crypto markets. Lower yields may also lift major FX pairs and push gold above key psychological levels. Conversely, a larger jobs number may reinforce the Federal Reserve’s hold-the-line stance, strengthen the dollar, and pressure crypto assets.

Market analysts noted that positioning for the December FOMC meeting has shifted sharply: rate-cut odds have fallen to 27% from nearly 100% a month ago, increasing the likelihood of volatile price repricing across Bitcoin, altcoins, indices, and commodities once the data hits.

Recently, a major trading platform announced the integration of the uMint tokenized fund, a digital asset product launched by global banking giant UBS.