U.S. Macro Update: Bullish Signal for Crypto?

Jobless Claims: Labor market is cooling.

Trade Balance: Deficit still weak, showing slower growth.

Both point toward higher chances of Fed rate cuts.

Why it matters:

Rate cuts = cheaper liquidity = stronger risk appetite → BTC, ETH, SOL & altcoins benefit most. More weak data ahead could strengthen the case for a December rate cut a short term bullish setup for crypto.