๐จ U.S. Mass Layoffs Spark Recession Anxiety โ Hereโs Why $BTC Dumped to $63K ๐
In January 2026, U.S. companies announced roughly 108,435 job cuts ๐งพ โ a +118% jump vs Jan 2025 and a massive +205% spike from Dec 2025.
That makes it the worst January for layoffs since 2009, back in the depths of the Global Financial Crisis ๐ฌ๐ฆ.
๐ What does this mean for crypto?
Crypto is a risk-on asset, and it reacts fast to macro stress. While layoffs donโt directly move prices, they shift sentiment, liquidity, and rate expectations โ and thatโs where the damage happens.
โข Rising layoffs = recession fears ๐จ
โข Recession fears = risk-off mode โ๏ธ
โข Risk-off = investors ditch volatile assets like crypto ๐
๐ Market reaction:
As Wall Street slid, crypto followed:
Bitcoin dumped to around $63,000 ๐
Ethereum fell near $1,842 ๐ต
Bottom line: macro stress is tightening liquidity and shaking confidence. Until the data stabilizes or policy expectations flip, volatility stays elevated โ ๏ธ๐
