The number of initial jobless claims in the United States for the week ending December 20th was 214,000, below the expected 224,000. This data exceeds market expectations and may ease concerns about a US economic recession, providing short-term positive momentum for risk assets and the cryptocurrency market.

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GasFeeCrybabyvip
· 6h ago
Wow, the unemployment data looks good. Is the crypto market about to take off again?
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ChainChefvip
· 6h ago
ngl the jobless claims just got seasoned right... 21.4k hitting better than expected, so obviously alts gonna simmer up a bit. recession fears getting the cold shoulder for now, which means my portfolio's finally got room to marinate 🍳
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MoonRocketmanvip
· 6h ago
Hey, unemployment data is once again proving the shorts wrong. This is the fueling signal before we break through the atmosphere. Wait, 214,000 is below expectations? RSI hasn't even hit the top, the launch window is wide open. The recession theory has been debunked, crypto is about to take off, my technical indicators have been signaling it for a while. The upper band of the Bollinger Bands will be reached soon, get ready everyone. With such great data, short-term liquidity injection, the crypto market is going to be well fed.
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