Strong labor data like this typically reduces the odds of aggressive Fed rate cuts.
This is generally short-term bearish for crypto: It can pressure prices downward as investors dial back "risk-on" bets.
Immediate reaction: Reports from today note Bitcoin dipping slightly (hovering just above $87k in some coverage), reflecting this dynamic. Broader market sentiment ties to expectations for the next FOMC decisions—strong data strengthens the case for "higher for longer" rates.
Long-term, a healthy economy (no recession) is positive for risk assets.
Holiday-thin liquidity around Christmas can amplify or mute moves.
Other factors (e.g., ETF flows, regulatory news) often dominate.
💥BREAKING: 🇺🇸 US Initial Jobless Claims: 👇 Actual: 214k Expected: 223k
ရှင်းလင်းချက်- ပြင်ပအဖွဲ့အစည်း၏ ထင်မြင်ယူဆချက်များ ပါဝင်သည်။ ဘဏ္ဍာရေးဆိုင်ရာ အကြံပေးခြင်း မဟုတ်ပါ။ စပွန်ဆာပေးထားသော အကြောင်းအရာများ ပါဝင်နိုင်ပါသည်။ See T&Cs.
BTC
87,646.59
+0.18%
ETH
2,948.32
-0.82%