Breaking: U.S. Initial Jobless Claims Come In At 199K as Odds of January Fed Rate Cut Fall to 13%

MEVictim · 2026-01-01T13:22:45+00:00

U.S. initial jobless claims are at 199K, indicating a labor market rebound. This decline in claims is causing odds for a January Fed rate cut to fall to 13%, negatively impacting the crypto market, especially Bitcoin.

MEVictim

2026-01-01 13:22:45

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Source: CryptoNewsNet Original Title: Breaking: U.S. Initial Jobless Claims Come In At 199K as Odds of January Fed Rate Cut Fall to 13% Original Link: The U.S. initial jobless claims have again come in lower than expectations, hinting at a potential rebound in the labor market. This development comes as the odds of a January Fed rate cut fall to new lows, which is a negative for the crypto market, as rate cuts this year fueled notable runs for Bitcoin.

BTC0.39%

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GoldDiggerDuck

· 5h ago

Hmm... It's the same story again. When employment data looks good, they raise interest rates? BTC will have to go through a tough time again.

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PoetryOnChain

· 5h ago

A warming labor market means expectations of interest rate hikes, and BTC is about to take a hit again... This time really feels hopeless.

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HappyToBeDumped

· 5h ago

Strong labor data, which also gives hawkish reasons for rate hikes, this wave of BTC really 💀

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AirdropSweaterFan

· 5h ago

Here we go again, as soon as U.S. employment data improves, the probability of interest rate cuts drops to zero. This really makes things difficult for the crypto world.

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