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Morning Edition · Sunday, June 21, 2026Published at 6:44 AM EDT · New York
A Resilient US Jobs Market Keeps Reading as a Negative for Bitcoin
Falling jobless claims reduce the case for interest-rate cuts, and under the new Federal Reserve leadership that translates into pressure on risk assets.
Strong news for American workers keeps arriving at an inconvenient moment for Bitcoin. Initial jobless claims fell by 4,000 to 226,000 for the week ending June 13, keeping layoffs in the historically low range that has held for most of the…
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