ADP Report Reveals U.S. Jobs Growth Slows Sharply in May – Coincu

The ADP National Employment Report revealed that the U.S. added only 37,000 jobs in May 2025, missing expectations of 110,000. The report holds significance as it influences U.S. monetary policy and could unexpectedly benefit crypto assets like BTC and ETH.

ADP’s May 2025 report presented a stark reduction in job growth, marking the smallest increase since March 2023. Collaborated by ADP Research Institute and the Stanford Digital Economy Lab, it signals potential economic concerns among employers. Dr. Nela Richardson, Chief Economist, ADP, remarked,

Unease is the word of the day. Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data. It can be difficult to make hiring decisions in such an environment.

U.S. Job Growth Misses Expectations by 73,000 in May

The cryptocurrency market could react positively as similar past downturns in jobs data have driven bullish sentiment for BTC and ETH due to expected monetary easing. Immediate industry reactions remain minimal, with no major comments from prominent crypto figures available.

The market’s expectations of 110,000 jobs highlight the surprise and could anticipate changes in Federal Reserve policies. An environment of prolonged softening in job numbers may prompt a reassessment of rate hikes, potentially affecting financial markets.

Unease is the word of the day. Employers are trying to reconcile policy and consumer uncertainty with a run of mostly positive economic data. It can be difficult to make hiring decisions in such an environment.

Potential Crypto Market Boost Amid Economic Concerns

Did you know? Historically, ADP’s lower-than-expected jobs data has often correlated with short-term surges in Bitcoin’s value as traders bet on dovish shifts in U.S. monetary policy.

Bitcoin (BTC) is currently priced at $105,002.08 with a market cap of $2.09 trillion and a dominance of 62.99% according to CoinMarketCap. Recent changes show a 0.37% drop over 24 hours, while 30-day performance marks a rise of 11.40%.

Experts from Coincu suggest future interest rate adjustments by the Federal Reserve may bolster crypto asset attractiveness. Data indicates that in periods of easing economic conditions, cryptocurrencies tend to gain favor as a hedge against fiat depreciation.