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Initial Jobless Claims Drop Today - Macro On Watch
Release Time:
• 13:30 UTC
• 08:30 AM ET
Expectations: 220K
Previous: 216K
Scenarios:
In-line ➜ No big shift, choppy but muted move across BTC, stocks, FX.
Lower than before ➜ Labor still hot → “higher for longer” rates → pressure on risk.
Higher than expected ➜ Cooling jobs → more cut odds → bullish for risk & BTC.
Volatility likely either way this print can set the next short‑term trend.
#Bitcoin #Macro #USTreasury #Markets #Economy #CryptoNews