Unemployment Claims dropping today — here's the quick macro breakdown for crypto traders:
📊 Higher than expected claims → Weaker jobs data → Markets price in more Fed rate cuts → Risk assets (including crypto) get a boost 📈
📉 Lower than expected claims → Stronger economy → Less chance of cuts (or even hikes down the line) → Liquidity tightens → Crypto feels the pressure
Either way, volatility incoming on the print.
Key one to watch today: sui been resilient lately, could lead the move depending on the number.
Stay sharp out there.
#Crypto #Macro
