🇬🇧 UK Employment Data: Crypto Impact
UK Claimant Count jumped to 27.8K vs 8.3K expected, signalling weaker labour-market conditions.
📉 Weak data may increase expectations of easier monetary policy, which can be mildly bullish for risk assets including crypto.
₿ BTC/crypto impact: Slightly Bullish 🟢
But US macro data & Fed expectations remain far more important.
UK Claimant Count jumped to 27.8K vs 8.3K expected, signalling weaker labour-market conditions.
📉 Weak data may increase expectations of easier monetary policy, which can be mildly bullish for risk assets including crypto.
₿ BTC/crypto impact: Slightly Bullish 🟢
But US macro data & Fed expectations remain far more important.