#JoblessClaimsUp

Jobless claims in the U.S. rose unexpectedly for the week ending January 28, 2025, up from last week's 225,000, signaling economic uncertainty. This increase has crypto markets on edge, with investors possibly shifting towards more conservative assets like Bitcoin, which is seen as a hedge against economic downturns. Today, Bitcoin held steady, with a slight increase of 0.7%. However, this economic data might lead to a reevaluation of risk in altcoins, potentially impacting their performance in the short term as investors brace for possible policy changes or market corrections. 📉🧑‍💼