🇺🇸 U.S. Initial Jobless Claims: 221,000
Exp: 205,000 | Prev: 200,000
A higher-than-expected reading is usually bearish for the dollar and supportive for equities and bonds.
The hotter print boosts rate-cut expectations, which can support risk assets, including crypto.
The only risk is if markets interpret it as a true recession warning rather than just added pressure for Fed easing — in that case, risk assets could still sell off.
Trade with proper risk management bcz market remains highly volatile 👇🏻
BTCUSDT
Perp.
71,339.5
-3.31%
ETHUSDT
Perp.
2,001.7
-0.33%
ZECUSDT
Perp.
545.48
-3.80%