US revises 161,000 jobs off payroll data as 862,000-cut benchmark reshapes Bitcoin macro backdrop

According to the Bureau of Labor Statistics, US nonfarm payrolls in February fell by 92,000, the unemployment rate climbed to 4.4%, and earlier months were revised lower by 69,000, removing 161,000 jobs from the year’s starting picture. BLS has also applied an annual benchmark revision that cut March 2025 payroll levels by 862,000 on a not seasonally adjusted basis, raising concerns that markets and Bitcoin traders have been reacting to a labor market that looked stronger in real time than in the finalized data. These shifts in employment figures are reshaping expectations for interest rates, financial conditions, and risk sentiment across assets.