INTERPRETATION OF THE DATA
Indicator: USD Unemployment Claims
Forecast: 215K
Previous: 208K
What it means:
The market is expecting more people filing for unemployment compared to the previous period. This suggests softening in the U.S. labor market.
IMPACT ON THE CRYPTO MARKET
Macro Perspective
Rising unemployment claims = economic cooling
This reduces pressure on the Fed to stay hawkish
Increases expectations of rate cuts or looser monetary policy
USD & Liquidity
Weaker labor data → weaker USD
Weaker USD → more liquidity flows into risk assets
Crypto Reaction
Bullish bias for crypto (BTC, ETH, altcoins) if:
Actual claims come at or above 215K
Bearish / neutral if:
Actual claims come below 208K (strong labor = stronger USD)
📌 Crypto loves liquidity + lower rates, not a strong dollar.
📊 MACRO DATA MOVES CRYPTO — TRADE SMART, NOT EMOTIONAL
