BREAKING:
🇺🇸 US Initial Jobless Claims came in at 263K, higher than expectations of 235K.
📊 This means more people filed for unemployment than expected → signals a cooling labor market.
⚡ Markets may see this as a sign the Fed could lean toward rate cuts sooner, generally supportive for risk assets like crypto.
$MITO : With easing macro pressure, MITO could benefit from renewed liquidity flows. Holding key levels may open the door for a fresh push higher.