According to Crypto Rover (@rovercrc), the US unemployment rate has risen to 4.1%, higher than the expected 4.0%. This unexpected increase could be bullish for Bitcoin, as investors might turn to cryptocurrencies as an alternative investment during times of economic uncertainty.

According to The Kobeissi Letter, Bloomberg News' story count on job cuts, firings, and layoffs surged to 15,651 last week, marking the highest in over a year. This doubling of reports over three weeks indicates a potential spike in the US unemployment rate, coinciding with significant workforce reductions by DOGE.