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The recently released US economic data has once again drawn attention. As of the week ending January 17, the number of initial jobless claims in the US was 200,000, much better than the expected 210,000. The previous figure was revised from 198,000 to 199,000, indicating an overall positive trend.
Even more significant is the US third-quarter GDP performance. Final data shows that the real GDP annualized quarterly rate reached 4.4%, exceeding the expected 4.30% and matching the previous value, indicating that the US economic growth momentum remains strong.
What does this set of data imply? The stability of the US labor market has improved, combined with GDP growth exceeding expectations, directly influencing the Federal Reserve's policy outlook and the US dollar's trend. Changes in liquidity conditions often propagate throughout the entire crypto market, and investors need to closely monitor the Federal Reserve's subsequent interest rate decisions. Strong economic data typically pushes the dollar higher, which in turn affects the valuation of dollar-denominated digital assets—an important indicator that traders in the crypto space must track.