The U.S. initial jobless claims came in below estimates of 226,000, suggesting a rebound in the labor market, which is typically bearish in the push for a rate cut. However, despite this development, Bitcoin rose on the back of the data release, reaching $87,000 from an intraday low of around $86,400. U.S. Initial Jobless Claims

The post Breaking: U.S. Jobless Claims Come In Below Expectations, Bitcoin Climbs appeared first on CoinGape.

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