2026-01-09 17:37:38

Canada's December employment data surprised the markets. Canada recorded an increase of 8.2K jobs compared to an expected contraction of 5.0K. The unemployment rate stood at 6.8%, slightly above the forecast of 6.6%. These better-than-expected figures could influence expectations regarding interest rates and monetary policy, key factors affecting market liquidity and appetite for digital assets. Strong employment data generally reinforce prospects for maintaining higher rates, which impacts bond yields and the dynamics of the cryptocurrency market.

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DegenMcsleepless

· 23h ago

WTF, Canada's employment data directly reverse operation, are the bulls about to get excited... Wait, does this mean the central bank can't keep holding high interest rates? The crypto market liquidity will have to be squeezed again.

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ForkTongue

· 01-09 18:07

bullish data from canada but honestly taux élevé = pain for altcoins... we've seen this movie before ngl

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CrashHotline

· 01-09 18:05

Wow, Canada is really causing trouble. I thought there would be layoffs, but instead they added more positions. Now the central bank will have to keep interest rates steady... The crypto world is going to be repeatedly stirred up again.

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AlwaysQuestioning

· 01-09 18:02

Canadian employment data's reversal is quite strong this time, the market must be surprised... However, this may not be good news for the crypto world, as high interest rate environment will continue to put pressure on it.

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ForkTrooper

· 01-09 18:00

Woa woa woa, Canada just turned around and made a move like that? The market expected a drop to 8.2K but it actually went up. This tactic is pretty ruthless... However, continuing to keep interest rates high and pinning down this issue is basically squeezing the bubble in the crypto world.

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AlphaLeaker

· 01-09 17:50

Canada's employment data unexpectedly drops? Now the central bank has even more reason to hold onto high interest rates. This is really not good news for our crypto circle.

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