Last week, the number of initial jobless claims in the United States was released: 216,000.

Lower than the market expectation of 225,000 and also a decrease from the previous value of 220,000. The data performance is slightly strong, reflecting that the resilience of the labor market still exists. Such better-than-expected employment data often affects expectations of Federal Reserve policy, which in turn impacts the pricing of risk assets—including the sentiment direction in the cryptocurrency market.

Every data point on the macro level can potentially serve as a signal for a market reversal.

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MechanicalMartel

· 11-29 09:52

Here we go again, every time the data comes out, there’s always a wave of hype, just using macro factors as an excuse.

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SerumDegen

· 11-29 04:08

ngl the jobless claims beat just feels like liquidity theater before the real cascade hits... fed's gonna front-run this into another pivot cycle and we're all just watching the same leveraged game play out. classic copium setup fr fr

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ArbitrageBot

· 11-26 14:23

216,000, has it been lowered again? Will the Fed turn dovish again... --- Improvement in employment data = rising interest rate expectations, will our coins fall again? --- Every non-farm payroll is a turning point in the market, will it rebound this time or continue to sink? --- A strong labor market isn't necessarily a good thing, it means a delayed recession and a longer interest rate cycle. --- Sometimes unexpectedly good data can actually be bad news for the crypto world, have you felt it? --- Just how long will it take to grind through this one data point, I'm tired of it. --- To put it bluntly, it's still the same logic, strong economic resilience = the Fed continues to bleed us dry. --- Initial claims at 216,000... it feels like the U.S. stock market is about to hit a new high, and the crypto market is trembling.

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GhostInTheChain

· 11-26 14:22

Here it comes again, every time the non-farm payrolls follow this routine, if the data is good, it's Favourable Information, if the data is bad, it's still... Favourable Information haha.

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BlindBoxVictim

· 11-26 14:18

Another trap like this? When the US Non-farm Payrolls (NFP) data is good, the coin price rises, and when the data is bad, it still rises. I'm wondering when it will be our turn as retail investors to make money.

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mev_me_maybe

· 11-26 13:58

Damn, I have to keep an eye on the Fed's moods for Cryptocurrency Trading again.

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