SEC Drops Crypto from 2026 Agenda as US Jobless Claims Surge
The cryptocurrency market faces a dual shock as regulatory uncertainty and economic headwinds converge. The SEC's unexpected removal of digital assets from its 2026 examination priorities—a stark departure from previous years' classification as 'high-risk'—has left traders questioning the regulatory trajectory under the current administration.
Meanwhile, delayed jobless claims data reveals a weakening labor market, with initial claims jumping to 232,000 against expectations of 219,000. The October federal shutdown's Ripple effects continue to distort economic indicators, creating a risk-off environment that disproportionately impacts speculative assets.
Market analysts note the irony: just as institutional interest in crypto reaches new highs, these parallel developments threaten to stall momentum. 'When risk appetite contracts, altcoins bleed first,' observes one trader, referencing the cascading sell-offs across mid-cap tokens.
