US Jobs Market: 862,000 Payroll Revision Hits 15-Year High and Cryptos are Bleeding
The US labor market was much weaker than thought. A -862,000 payroll revision for 2025 sends shockwaves through the economy and pressures Bitcoin prices.
Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
The Biggest Labor Market Revision Since the Great Recession
The United States Bureau of Labor Statistics (BLS) has released its annual benchmark revisions, revealing that the labor market in 2025 was significantly more fragile than initially reported. On Wednesday, February 11, 2026, the BLS confirmed a downward revision of -862,000 jobs (not seasonally adjusted) for the 12-month period ending in March 2025.
This staggering figure represents the largest downward adjustment since the 2009 Financial Crisis, effectively erasing a massive chunk of what was previously touted as a resilient economic expansion.
Why the Payroll Revision Matters
In simple terms, a payroll revision occurs when the government compares its initial monthly estimates (based on surveys) with actual tax records. A downward revision of nearly a million jobs suggests that:
- Hiring was overstated: The monthly "beats" reported throughout 2025 were less robust than the public was led to believe.
- Economic Momentum is Waning: High interest rates may have had a deeper "lag effect" on employment than the Fed anticipated.
- Recession Risks: Large negative revisions of this magnitude have historically signaled a turning point toward an economic contraction.
Bitcoin and Crypto Markets React to "Risk-Off" Sentiment
The crypto market, often a barometer for global liquidity and risk appetite, reacted with immediate volatility. $Bitcoin slipped toward the $67,000 mark, losing ground as traders digested the implications of a stalling US economy.
While a weak labor market typically increases the pressure on the Federal Reserve to cut interest rates—a move that usually benefits cryptocurrencies—the sheer scale of the revision has triggered "risk-off" sentiment. Investors are currently prioritizing safety over speculation, fearing that the labor market is not just "cooling," but potentially "cracking."
Key Market Data at a Glance
| Asset | Current Price (Approx.) | 24h Change |
|---|---|---|
| Bitcoin (BTC) | $67,120 | -2.5% |
| Ethereum (ETH) | $1,950 | -2.1% |
| S&P 500 | 5,890 | -0.4% |
Navigating the Crypto Volatility
The disconnect between "strong" monthly prints and the "weak" reality of the benchmark data has left market participants skeptical of upcoming data releases. For those looking to manage their risk during this period of uncertainty, comparing the best platforms for execution is vital. You can check our exchange comparison to find the most liquid and reliable venues for trading.
According to reports from Bloomberg and the Bureau of Labor Statistics, this revision may force a pivot in the Fed's "higher for longer" narrative, but for now, the market is bracing for a bumpy ride.
Partner links: some links on this page are partner links. If you become a customer through one of them, we may earn a commission at no extra cost to you. Selection, ratings and ranking are decided independently by our editorial team. Ethics and Independence · Ownership and Funding
Related articles
- Bitcoin price at $74,600: what matters in the US consumer price data
- Crypto News This Week: What Happened Since November 1 and the Key Dates for November 9 to 15
- Bitcoin price at $75,700: BTC trades below its 100-day line ahead of the US jobs report
- US inflation data, Fed rate decision: Bitcoin heading into November 10
- Crypto Crash: Why the Top Cryptos Lost Up to 4% in One Week
Which topics should we dive deeper into?
Select what genuinely interests you. Your picks feed directly into our editorial planning.
Crypto news that's actually worth your time.
Weekly. 60 seconds. Carefully curated by our editors: no hype, no promo flood, no spam.
October 14, 2026 7:40 PM
US inflation rises to 3.7 percent, core rate above forecast: what matters now for Bitcoin
US consumer prices rose 3.7 percent in September, and the core rate 2.6 percent. Both figures came in above forecast, two weeks before the Fed decision on October 28.
October 14, 2026 7:24 PM
Bitcoin below $82,000, Ether below $2,500: Will the $81,000 level hold?
The crypto market has lost 4.50 percent within 24 hours, with Bitcoin at $81,712 and Ether at $2,420. The US price report on Wednesday came in above forecast and turns rate expectations, while leverage on the futures market has largely been worked off. This piece sorts out both: prices, liquidations and ETF flows are sourced and linked, and the assessment at the end is the newsroom's own view.
October 12, 2026 7:53 PM
Bitcoin Forecast: Last Inflation Print Before the Fed, and $82,500 Is the Level That Decides
Bitcoin trades at $82,663 on Monday evening, below its 20-day line but above its 50-day line. Wednesday brings the last US inflation print before the Fed decision of October 28, and it sets the range for the next two weeks.
October 11, 2026 10:20 AM
Crypto Price Today: Bitcoin Slips Under $85,000 as Markets Brace for a Big Week
Bitcoin trades near $83,000 after a red week for crypto. Here is the crypto price today, who is bleeding, who is pumping, and what to watch next.
October 8, 2026 4:38 AM
Crypto Market Slides: Bitcoin Loses 4.2 Percent and $651 Million of Long Bets Are Liquidated
Bitcoin has lost 4.2 percent since Tuesday afternoon, and ether and XRP more still. Three reasons can be documented: outflows from the US ETFs, $651 million of forcibly closed long bets and Fed minutes holding out the prospect of another rate rise. A crash it is not, and what to check before buying more is set out here.
October 2, 2026 7:20 PM
Bitcoin after the US jobs report: 29,000 positions, and the Fed pause moves closer
The US labour market produced just 29,000 jobs in September, and July was revised after the fact to a loss of 10,000. What that means for the Fed meeting on October 27 and 28, for the levels on your chart and for leveraged positions.
October 1, 2026 7:25 AM
US core inflation falls to 3.0 percent: what investors need to know before the Fed decision on October 28
US core inflation ran at 3.0 percent in August, clearly below the expected rate. That shifts expectations for the Fed meeting on October 28 and helps decide how much room the Bitcoin price gets in the fourth quarter.
September 29, 2026 10:38 AM
Bitcoin Falls Toward $83,000 as Trump Rejects Iran Ceasefire Deal
Bitcoin slipped toward $83,000 after Trump rejected Iran's Hormuz proposal, sending oil above $100 and wiping out $478 million in crypto liquidations.
September 27, 2026 11:28 AM
Crypto Prices Today: Bitcoin Holds $84,000 After Its Best Week Since January
Bitcoin at $84,600, ETH at $2,700, NEAR up 56 percent on the week. Crypto prices today, what drove the rally, and what could move the market next.
September 24, 2026 10:11 PM
Bitcoin Price Prediction: What to Check on Levels, Holding Period and Leverage Before the October 28 Rate Decision
Bitcoin is trading at around $83,800, a third below its October 2025 high, while the sentiment index reads greed. Which dates, levels and deadlines over the coming weeks really decide your net gain, and which of them you steer yourself.
September 24, 2026 10:38 AM
Fed Rate Hike in October: What to Check on Leverage, Liquidation and Holding Period After the PMI Jump
The flash US purchasing managers' index has jumped to 58.4 points, its highest level since July 2021, and input prices are rising at a pace last seen in October 2022. The futures market now prices a further Fed rate hike on October 28 at almost 70 percent, and the crypto market is falling broadly.
September 18, 2026 10:31 AM
3 Reasons Crypto Is Still Holding Strong After the Fed Rate Hike
The Fed hiked, the CLARITY Act died, and crypto barely moved. Here are three reasons the market is consolidating rather than breaking down.
September 17, 2026 12:32 PM
Trump Says Oil Will Tumble When the Iran War Ends: What That Would Mean for Crypto
Trump expects the Iran war to end after the midterms and oil to fall hard. Oil is near a four-month high instead. Here is why crypto should still care.
September 17, 2026 10:40 AM
Crypto News Today: Bitcoin Holds $76,000 After Fed Hike and CLARITY Act Collapse
The CLARITY Act died in the Senate, the Fed hiked for the first time since 2023, and Zcash ripped anyway. Here is the full crypto market update.
September 15, 2026 4:24 PM
Why Is Crypto Crashing Today? Bitcoin Slides to $76,000 as the CLARITY Act Vote Wobbles
Bitcoin slid to $76,000 and the entire top 20 turned red as CLARITY Act odds collapsed before today's Senate vote. Here is what is really driving it.
September 9, 2026 10:21 AM
Bitcoin Price Frozen Near $79,000 as Oil and War Risk Rewrite the Macro Playbook
Bitcoin price is consolidating near $79,000 while crude oil surges, Hormuz tensions escalate and a Fed rate hike moves into play. Here is what matters.
September 7, 2026 6:05 PM
Crypto News Today: Bitcoin Holds $79,000 While The Fed, Tether And A Hacker All Make Trouble
Bitcoin is pinned below $80,000 as September hike odds sit at 58%. Plus a warning on Tether's keys and the Coldcard attacker moving funds again.
September 6, 2026 11:19 AM
Bitcoin Price Today: BTC Holds Firm Before The Biggest Week Of The Month
Bitcoin sits near $80,000 after a jobs report killed a four-month high. CPI, the Fed and a Senate vote all land in the next ten days.
September 3, 2026 4:04 PM
Bitcoin Price Smashes Back Through $80,000: Here Is What Just Set It Off
Bitcoin price surged to $80,477 in a matter of hours after a dovish Fed signal crushed rate hike bets. Here is the chart and the real driver.
August 21, 2026 1:33 PM
Bitcoin With No Cost Basis: How Austria Taxes the Sale
Bitcoin purchase price no longer provable? How Austria works out the capital gains tax, when a flat-rate cost basis applies and what investors can do.
August 21, 2026 7:43 AM
Bitcoin Price Above $75,000: 3 Reasons Why BTC Is Exploding
Bitcoin cleared $75,000 for the first time since May and is up almost 20% this week. Here are the 3 reasons and the next target.
August 2, 2026 10:04 AM
Crypto News Today: Hawkish Fed, a $70M Wallet Hack and Bitcoin's Shaky Start to August
Crypto news today: the Fed split 9-3, a Coldcard flaw drained $70M in BTC, and ETFs turned red. Here is the full week and what lands next.
July 25, 2026 11:27 AM
Crypto Price Today: Market Slides Again as Bitcoin Fails at $67,000
Bitcoin slipped back under $64,000 after tapping $66,990. Oil, ETF outflows and Fed nerves are dragging the whole crypto market lower.
July 12, 2026 10:17 AM
Why Is Crypto Holding Steady as US-Iran Strikes Escalate?
Bitcoin is barely moving even as the US strikes Iran again and Tehran closes the Strait of Hormuz. Here is what is driving the crypto market today.
June 18, 2026 9:43 AM
Oil Crashes 38% to a 3.5-Month Low — Why This Is Bullish for Crypto
Oil crashed 38% to $74, near pre-war levels. Lower oil means lower inflation and more rate-cut odds — and that's a tailwind for Bitcoin and crypto.
More from CryptoTicker