Date: 2025-05-22
Key points:Mixed results for US jobless claims fail to dent risk-asset enthusiasm.Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session.BTC price expectations remain lofty amid low volatility and a curious lack of profit-taking.Bitcoin (BTC) focused on $111,000 around the May 22 Wall Street open as record highs met mixed US unemployment data.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin, stocks brush off jobs uncertaintyData from Cointelegraph Markets Pro and TradingView showed BTC price volatility cooling in line with stocks.The latest US macroeconomic data painted a conflicting picture of labor market resilience to inflation trends.Initial jobless claims ...
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