According to The Kobeissi Letter, US employers announced 105,441 job cuts in April 2025, marking the highest April layoffs in five years, excluding the pandemic spike in 2020 (source: The Kobeissi Letter, May 8, 2025). Over the last six months, total layoffs reached 699,012, the most since the 2020 pandemic. This sharp increase in job cuts signals rising economic uncertainty, which has historically increased stock market volatility and often driven risk-averse investors towards alternative assets like Bitcoin and Ethereum. Traders should closely monitor crypto market inflows and price movements, as heightened layoffs can impact both traditional and digital asset markets (source: The Kobeissi Letter, May 8, 2025).

According to The Kobeissi Letter, US employers announced 105,441 job cuts in April 2025, marking the highest April layoff total in five years and the largest April count since 2009, excluding the pandemic year 2020 (source: @KobeissiLetter, May 8, 2025). Over the last six months, there have been 699,012 job cuts, the highest since 2020. This significant rise in layoffs signals potential macroeconomic instability, which traders should monitor as it may lead to increased volatility in both stock and cryptocurrency markets. Historically, economic uncertainty and rising unemployment have triggered shifts in capital flows, often resulting in heightened crypto market activity as investors seek alternative assets.