US Unemployment Claims Announced, How Bitcoin Price Reacted?

traditional finance and cryptocurrency US unemployment claims data, which investors are closely following, were announced minutes ago. Labor market metrics that are very important to the Fed’s interest rate policy bitcoin And altcoins is also of interest.

According to the official data announced minutes ago, the number of monthly unemployment applications in the country was recorded as 262 thousand. The unexpected data from the past month and today have affected the stock and crypto market.

Markets expected the data, which was announced as 261 thousand in May, to decrease to 250 thousand today. Despite the expectation of 250 thousand, the lack of a decrease in applications negatively affected the markets.

US Futures Trade Lightly Selling

After the job market data, stock market indices traded in the futures market are watching with sellers. As of 15.53 Türkiye time, the latest situation in futures indices is as follows:

  • Dow Jones: 33,922, -0,17%
  • S&P 500: 4,356, -0.34%
  • Nasdaq: 14,931, -0.50%
  • Russell 2000: 1,863, -0.36%

While the least loss was in the Dow Jones index, the losses were higher in the technology-intensive Nasdaq.

Bitcoin (BTC) Price

Although the unemployment data from the USA caused a slight sell-off in stock indices, cryptocurrencies are calm. Leading cryptocurrency bitcoinhas depreciated only 0.14% since data time.

$BTC is currently trading at $24,950.

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