#USJoblessClaimsFallTo206000
Jobless claims at 206K—strong labor market. This reduces pressure on the Fed to cut rates aggressively. Higher-for-longer rates = headwind for crypto. But here's the contrarian view: a strong economy keeps risk appetite alive, and BTC is now a "risk-on" asset. Watch the Dollar Index; if it weakens, crypto rallies despite rates.
$FET
$TRUMP
$BTC
#Economy #FederalReserve #BTC #TradingStrategy
Jobless claims at 206K—strong labor market. This reduces pressure on the Fed to cut rates aggressively. Higher-for-longer rates = headwind for crypto. But here's the contrarian view: a strong economy keeps risk appetite alive, and BTC is now a "risk-on" asset. Watch the Dollar Index; if it weakens, crypto rallies despite rates.
$FET
$TRUMP
$BTC
#Economy #FederalReserve #BTC #TradingStrategy