A recent US payroll revision report revealed a significant downward adjustment of over 911,000 jobs created. This unexpected shift in employment data significantly impacted the cryptocurrency market, causing a $60 billion decrease in total market capitalization. Bitcoin and Ethereum were particularly hard hit, experiencing sharp price corrections. The weakening US labor market now adds pressure on the Federal Reserve (FED) to implement interest rate cuts to stimulate economic growth. Cryptocurrencies often benefit from a weaker dollar and lower interest rates. This report highlights how even subtle shifts in macroeconomic indicators can have a significant ripple effect on the cryptocurrency market.