Rising numbers of people applying for unemployment benefits are often seen as a sign of economic slowdown or recession. This trend can lead to heightened uncertainty and a greater sense of risk in the cryptocurrency markets, mirroring what happens in more conventional financial markets. When faced with uncertainty, investors tend to gravitate towards assets they consider to be safer bets. As a result, cryptocurrencies, known for their volatility and high-risk nature, may experience a drop in value during these periods. The most recent data from the US reveals the following statistics: expected claims were 215K, the previous week saw 219K claims, and the latest figures show 229K claims filed. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
