BTC $ETH U.S. initial jobless claims will be released today at 8:30 PM!!!
Today's data continue to have as strong an impact as ever. The market currently expects 200,000, compared with the previous result of 197,000. After tonight's data is released, there are three possibilities:
If the figure comes in above expectations, it will indicate that the U.S. labor market is deteriorating. As the U.S. economy weakens, the Fed may find it easier to cut interest rates in the future. U.S. Treasury yields will fall, and the dollar is also expected to come under pressure and retreat. BTC and ETH will likely lead a rally, and altcoins may also rise sharply;
If the figure comes in below expectations, it will indicate that the labor market remains resilient. Expectations for rate cuts may be pushed back further, the dollar will strengthen, and the market will likely come under pressure and correct. The decline could be steeper, especially among smaller coins that have rallied strongly recently.
If the figure is close to expectations, with only minor fluctuations, the market impact will be relatively limited. The market will likely continue to be driven by competition for available funds and trade within a range.
$BTC
Today's data continue to have as strong an impact as ever. The market currently expects 200,000, compared with the previous result of 197,000. After tonight's data is released, there are three possibilities:
If the figure comes in above expectations, it will indicate that the U.S. labor market is deteriorating. As the U.S. economy weakens, the Fed may find it easier to cut interest rates in the future. U.S. Treasury yields will fall, and the dollar is also expected to come under pressure and retreat. BTC and ETH will likely lead a rally, and altcoins may also rise sharply;
If the figure comes in below expectations, it will indicate that the labor market remains resilient. Expectations for rate cuts may be pushed back further, the dollar will strengthen, and the market will likely come under pressure and correct. The decline could be steeper, especially among smaller coins that have rallied strongly recently.
If the figure is close to expectations, with only minor fluctuations, the market impact will be relatively limited. The market will likely continue to be driven by competition for available funds and trade within a range.
$BTC