What if the jobs report comes in weaker than expected, right when tariff policies start biting harder? That's the one-two combo nobody wants to see. We've been watching these employment figures as a key indicator for Fed decisions—any surprise on the downside could signal economic slowdown. Layer in escalating trade tensions and tighter tariffs squeezing margins across industries, and suddenly you've got a perfect storm brewing for risk assets. Crypto markets are particularly sensitive to macro shifts like this, so traders watching the broader economic landscape should keep their eyes peeled on these catalysts.