US jobless claims rise to 225K as labor market shows early cracks
- US jobless claims hit 225K. The labor market is showing "early cracks," which is economist-speak for "the Fed might finally cut rates before the economy implodes." This is bullish for crypto, obviously, because nothing says "risk-on" like a weakening dollar and cheaper money printing. Treasury yields will drop, the greenback will whimper, and Bitcoin holders can finally stop sweating their bags. Meanwhile, regulators are probably busy writing new rules for a market that’s already moving faster than they can type. Solana went down... again, but at least the macro backdrop is getting friendlier. If you’re still shorting because you hate liquidity, go back to your day job. The party is starting, whether you brought a gift or not.