U.S. Jobless Claims Stay Steady Amidst Crypto Market Volatility

The U.S. job market remains strong as initial jobless claims stabilized at 223,000 for the week ending April 5th, according to the U.S. Department of Labor. This level aligns with forecasts and suggests stable labor conditions, indirectly impacting cryptocurrency markets. While Bitcoin and Ethereum reacted to the macroeconomic data shifts, experts emphasize the importance of continued monitoring economic indicators like inflation.