ADP Report Sparks Uncertainty, Ripple Effect Across Crypto Markets

The ADP report released this month revealed a significant drop of 32,000 jobs in November, a stark contrast to expectations of a 10,000 gain. This unexpected contraction has fueled speculation about the Federal Reserve’s monetary policy shift and its potential impact on cryptocurrencies. Experts are closely monitoring the ADP data and the anticipated U.S. PMI report for further insights into future economic trends.