Labor market just flexed. Initial claims in the United States dipped to 229K vs 232K, signaling resilience under the surface. Fewer layoffs = stronger economy narrative, and risk appetite loves that.
This kind of data can fuel momentum across equities, support the dollar, and spill volatility into crypto. Watch $ASTER
ASTERUSDT
Perp
0.5764
+2.25%
TNSRUSDT
Perp
0.05
+0.96%
and $ZEC
ZECUSDT
Perp
281.5
-4.33%
for reaction plays as macro sentiment shifts from cautious to opportunistic. Momentum traders thrive in these cross-market waves.