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18 Oct 2025

🚨 US Jobs Report Delayed! Bitcoin Breaks $120K | Crypto Surges on Fed Cut Hopes | Oct 3, 2025

Description: Today’s headline: The September US jobs report has been delayed indefinitely due to the federal government shutdown, leaving markets without critical labor data. But instead of stalling, crypto is rallying hard on expectations of Federal Reserve rate cuts. Here’s what you need to know: 🔹 Why it matters: ADP Report (Oct 2): Private payrolls fell by 32,000 jobs in September — the first decline since March 2023. Unemployment Trend: Official rate stuck at 4.3% (August data), but rising jobless claims point to weakness. Fed Outlook: Traders now pricing in 85% odds of a November rate cut, possibly by 50 bps. 🔹 Crypto Market Reaction (Oct 3, 2 PM ET): Bitcoin (BTC): ~$120,500 (+4.2%) — first time above $120K since mid-August; institutional inflows hit $1.3B this w

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