📊 US Jobless Claims Update (Aug 21, 2025)
Initial Claims: 235K (↑ from 224K, above forecast 226K)
Continuing Claims: 1.97M (highest since Nov 2021)
Market Reaction:
Stocks 🔻 (Dow, S&P, Nasdaq down ~0.5%)
USD 💪 stronger
Crypto 🤔 mixed, potential long-term bullish if Fed cuts return
⚡️ Takeaway: Labor market softens → Fed may face more pressure, but short-term risk-off keeps markets cautious.
#InitialClaims #Binance