November's job market beat forecasts again, adding more workers than expected—exactly the kind of data that typically moves traditional markets and crypto sentiment in tandem. Meanwhile, October retail sales came in flat, showing consumer spending hit a pause.

These numbers matter because they shape Fed policy expectations and inflation narratives. Stronger employment + stalled retail spending = mixed signals. Markets usually interpret this as potential rate flexibility ahead, which can shift capital flows between risk assets, including crypto.

Worth watching how institutions react when these data points land.