Last month's US jobs data just dropped some mixed signals. Employers added 64,000 positions—better than feared—but here's the catch: unemployment climbed to 4.6%, the highest we've seen since early 2021. That's the kind of economic crosscurrent that matters for crypto traders. When labor markets soften while job creation still happens, it usually signals Fed pressure easing up, which tends to make risk assets more attractive. Worth watching how markets digest this one.