Basic Points:
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The mixed results for us unemployed claims have failed to discipline risk-asset enthusiasm.
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Despite the concerns in the bond market, Bitcoin and Stock are satisfied with the stability at the start of a trading session on Wall Street.
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BTC price expectations remain high in the middle of low volatility and a curious lack of income extraction.
Bitcoin (Btc) Focused on $ 111,000 around May 22 Wall Street Open as record highs identified the mixed unemployment data.
Bitcoin, Brush stock off the uncertainty at work
Data from Cointelegraph Markets Pro and Tradingview showed BTC volatility price in cooling consistent with stocks.
The latest US macroeconomic data paints a contradictory picture of stability in the labor market in inflation trends.
The initial claims of unemployment came below expectations of 227,000, while the continued claim exceeded their target of 13,000.
Far from a careful reaction, however, risk assets were maintained by earlier levels, leading analysis of bullish conclusions in market sentiment.
“Initial claims that unemployed came to the cooler than expected. Continued claims come in hotter than expected,” Blacknox, cofounders of material resource indicators, Reaction In X.
“The BTC is in the discovery of the price, and the market wants to celebrate the good news and ignore the bad news.”
Fellow co-founder Keith Alan described These unemployed numbers as “somewhat more fuel for BTC momentum.”
“Keep watching Bitcoin and gold,” Kobeissi Letter’s trading resource continued.
Kobessi added that it expects some forms of government intervention in the bond market after the volatility of stocks the day before.
In today’s episode of Bond Market:
The US 30Y Bond Ani has only hit 5.15% of the first time since October 2023.
Except in October 2023, 30y harvest has not been high since July 2007.
We hope Trump and Bescent’s intervention attempt while Fed refuses to cut … https://t.co/GuptlBlyck pic.twitter.com/0donkceum6
– The Kobeissi letter (@KobeissileTter) May 22, 2025
The bitcoin because of the “larger move” amid low income
Comparing the latest all-time highs in previous cycles, meanwhile, participants in the Bitcoin market have revealed surprising behavior.
Related: Bitcoin ‘looks tired’ because the next bear market yields a target of $ 69k
The volatility and acquisition of mass income, they mentioned, both accidentally less than $ 111,000.
“Can’t remember a time in history where $ BTC is casually exchanged around a 1% range at all times high,” famous businessman Daan Crypto Trades said X followers.
“Larger moving Following once it breaks this local small range. Pretty many positions make up both sides.”
Order booking data from the tracking resource Coinglass thickening bids and asked around the price of the area.
Anywhere, Onchain’s Analytics platform has failed to resolve hodlers despite 100% supply profitability.
“When the $ BTC hit all the time high yesterday, the total income extraction volume was around $ 1.00B-less than half of the amount realized when Bitcoin first crossed $ 100K last December, hit by $ 2.10B,” this mentioned During the day.
“Despite a higher price, the realization of income is more masked.”
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
