US jobless claims come in at 197,000, in line with forecasts
- —Jobless claims hit 197,000 vs 200,000 expected
- —The reading was unchanged from the previous week
- —Bitcoin trades at $82,396 (-1.3%), ether at $2,533 (-1.5%)
- —The data does not shift Fed rate expectations
Why it matters: Neutral labor data gives the Fed no reason to change course, leaving crypto to trade on technical levels and fund flows.
Source: Siam Blockchain