Latest US employment report shows just 198,000 jobless claims filed last week. For crypto traders watching macro trends, this jobs data matters—softer labor market readings typically fuel rate cut expectations and increased liquidity seeking alternative assets like Bitcoin and Ethereum. Keep an eye on how the Fed responds to these employment figures, as they're a key input for monetary policy decisions that directly impact market sentiment and risk appetite in digital assets.
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MetaMisfit
· 10h ago
198k unemployment benefit application... Now the Fed has to consider cutting interest rates, and our crypto circle has more drama.
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RugPullProphet
· 19h ago
198k unemployment benefits application? Now the Fed has to consider cutting interest rates, my Bitcoin is about to take off.
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ForumMiningMaster
· 19h ago
198k applied for unemployment benefits, this data is indeed a bit soft. Retail investors should celebrate, as the expectation of interest rate cuts has returned.
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notSatoshi1971
· 19h ago
Is an unemployment claim of 198k really that good... or do I still feel like the Fed will continue to hard land?
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StakeOrRegret
· 19h ago
198k unemployment data, now the Fed has to think... soft landing or hard landing, it directly determines whether the BTC in my wallet can fly
Latest US employment report shows just 198,000 jobless claims filed last week. For crypto traders watching macro trends, this jobs data matters—softer labor market readings typically fuel rate cut expectations and increased liquidity seeking alternative assets like Bitcoin and Ethereum. Keep an eye on how the Fed responds to these employment figures, as they're a key input for monetary policy decisions that directly impact market sentiment and risk appetite in digital assets.