Labor cost growth in the US took a breather during Q3, signaling softer conditions across the job market. This cooling trend matters more than you'd think—especially if you're tracking Fed moves. When wage pressures ease, inflation concerns simmer down, and that shifts rate cut expectations.

For crypto holders, this isn't just macro noise. Looser monetary policy down the road? That historically pumps liquidity into risk assets. Bitcoin and altcoins tend to catch a bid when the dollar weakens and borrowing costs drop.

Keep an eye on upcoming employment reports. If this slowdown continues, we might see a friendlier environment for digital assets sooner than markets are pricing in right now.