๐จ BREAKING: U.S. Jobless Claims Drop โ Is the Fed Ready to Cut Rates? ๐ฅ
๐ New data: 236K claims (vs. 245K expected)
โ Labor market stronger than forecast
โ Boosts hopes for earlier Fed rate cuts
๐ง Why Crypto Cares:
๐ Lower rates = cheaper capital, risk assets get a lift
๐ธ More liquidity often fuels crypto rallies
๐ Historically, Bitcoin & altcoins soar during easing cycles
This surprise report could push the Fed closer to pivoting โ and crypto markets are watching every move.
