According to @KobeissiLetter, Nasdaq 100 futures rose about 2% after the September jobs report showed the US unemployment rate at its highest since October 2021, igniting a risk-on bid in equities (source: @KobeissiLetter). @KobeissiLetter also reports that Fed Chair Jerome Powell is watching the unemployment rate more than the headline jobs number, a focus that coincided with the futures rally following the report (source: @KobeissiLetter). For crypto trading, tech-led risk strength in US hours often aligns with intraday momentum in BTC and ETH, so monitoring price action into the cash open can be prudent when equity futures are bid on labor data (source: Kaiko research on BTC–Nasdaq correlations; source: @KobeissiLetter for the futures move).