The latest US labor data just dropped and it's worth paying attention to. Initial claims came in at 200K, better than the expected 209K, while continuing claims hit 1849K against forecasts of 1890K. Both readings came in cooler than anticipated, which typically signals a resilient job market holding up better than expected. This kind of data matters more than you'd think for crypto—stronger employment figures can ease Fed pressure on rate cuts, which directly impacts liquidity flows into risk assets like Bitcoin and altcoins. Markets have been parsing every labor report lately since it's one of the key gauges shaping monetary policy expectations. Keep an eye on how this plays into the broader macro picture.