Labor Market Just Got STRONGER Than Expected! 🤯

Initial Jobless Claims hit 208K vs 213K expected. The market is resilient, but this data handcuffs the Fed. 🧐

This means the path to aggressive rate cuts just got much longer, keeping macro pressure on assets like $BTC and $ETH. Resilience is good, but it delays the easing we need.

#MacroCrypto #FedWatch #JobData

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BTCUSDT

Perp

77,760.1

-1.79%

ETHUSDT

Perp

2,309.04

-6.44%