Bitcoin often reacts to U.S. Unemployment-Claims because this data influences market sentiment. When claims come in low, suggesting economic strength and confidence, traders often move into risk assets — driving Bitcoin higher (e.g. recent price rise to ~ USD 92,400). If claims surprise to the upside, indicating economic weakness, investors may retreat to safer assets and Bitcoin tends to fall (e.g. dip toward ~ USD 86,300 in recent days). Release times of the data can cause quick spikes or drops — meaning BTC can be volatile around those moments.
