The BTC rate is locally corrected on the US labor market data. As expected, increased volatility has arrived. So far, the momentum is -0.8%.
Initial jobless claims were within the forecast, having grown compared to the previous week. Markets immediately perceive this as a risk of recession.
The number of people applying for unemployment benefits in the US increased by 4,000 compared to the previous week, to 232,000. Also, compared to the previous week, the total number of applications for unemployment benefits increased by 4,000 to 1,863,000. This is slightly below the forecast, but the situation with initial applications is now more important. And the picture for it was not very good.
