JPMorgan Warns of Slowing U.S. Economy, Impact on Job Market and Crypto

JPMorgan Chase & Co., a major financial institution, has issued a warning regarding a potential economic slowdown in the United States. Their analysis suggests that recent job growth figures have been weaker than initially reported, raising concerns about the broader market’s stability. David Kelly, chief global strategist at JPMorgan, notes a gradual slowdown even as employment indicators appear positive. While the official U.S. Bureau of Labor Statistics reports show job additions in May 2025, revised figures indicate significant job losses. These potential headwinds could impact cryptocurrency markets and investor sentiment.