BREAKING: 🇺🇸 Unemployment Claims Report is OUT!

📊 Estimated: 226K

📈 Actual: 235K

That’s higher than expected, meaning more people filed for jobless benefits than the market anticipated.

This may indicate a cooling labor market, which the Fed closely monitors when determining rate policy. ➡️ Weak labor data → could push Fed closer to cuts 🪓

➡️ But short-term → expect volatility across USD, stocks, and crypto.

Traders, are you seeing this as bearish pressure or fuel for a relief rally?

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#Market_Update $BTC

BTC

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