U.S. labor market just dropped some interesting numbers. Initial jobless claims came in at 191K this week—way below the 219K forecast and last week's 218K. That's a solid beat showing the job market's still holding strong.



Meanwhile, continuing claims hit 1,939K, slightly better than the expected 1,960K and down from 1,943K previously. Fewer people staying on benefits? That's telling.

What does this mean for risk assets? Stronger employment data could keep the Fed hawkish longer, which typically pressures crypto and growth sectors. But if the market reads this as economic resilience without overheating, we might see a different reaction. Worth watching how Bitcoin responds in the next 24-48 hours.
BTC0.49%
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