Key points:
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Mixed results for US claims that risk-having not allowed risk-asset-asset asset.
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Despite the concerns about the bond market, Bitcoin and stocks enjoy stability at the beginning of the Wall Street trading session.
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The BTC price expectations remain increased due to low volatility and a strange lack of profit waking.
Bitcoin (BTC) concentrated on 111,000 US dollars around Wall Street on May 22, when Record Highs met mixed US unit data.
BTC/USD 1-hour diagram. Source: CoinTelegraph/Tradingview
Bitcoin, stocks remove the uncertainty of the jobs
Data from CoinTelegraph Markets Pro and TradingView showed that the BTC price -volatility cooling in harmony with stocks.
The latest macroeconomic data in the USA have painted a contradictory image of the resistance of the labor market towards inflation trend.
The initial unemployment claims were below 227,000 expectations under expectations, while the ongoing claims exceeded their goal by 13,000.
However, the risk assets were far from a suspicious reaction, which maintained the preliminary levels and led the analysis to bullish conclusions compared to the market mood.
“The first unemployment claims came cooler than expected. The continued claims came hotter than expected,” said Blacknox, co -founder of trade resource material indicators, to X.
“BTC is in the price discovery and the market wants to celebrate the good news and ignore bad news.”
Co-founder Keith Alan described the unemployment figures as “a little more fuel for BTC impulse”.
“Bitcoin and gold continue to look at,” the Kobeissi letter continued.
Kobessi added that it expected any form of state intervention on the bond market after the volatility of the shares was thrown the day before.
In today's episode of the Bond Market:
The bond in the United States has been 5.15%for the first time since October 2023.
From October 2023, the 30 -year yields have not been so high since July 2007.
We expect Trump and better attempted intervention when the Fed refuses to shorten … https://t.co/GuptLlyck pic.twitter.com/0donkceum6
– The Kobeissi letter (@KoBeisiletter) May 22, 2025
Bitcoin due “greater movement” in the middle of low profit support
Bitcoin Market participants compared with the latest highs with previous cycles about surprising behavior.
Related: Bitcoin 'looks exhausted' when the next bear market delivers a target of USD 69,000
The volatility and the mass gain had strikingly noticeable with $ 111,000.
“I can't remember a time in history, in which $ BTC was only casually traded in a range of 1% at all times,” said the popular dealer Daan Crypto Trades to X Followers.
“Larger train when he breaks this local tiny range. A lot of positions are set up on both sides.”
Order book liquidity data from the monitoring of resource -coinglass -thickening offers and receipt of the Spot Prize.
Elsewhere, the Onchain Analytics Platform Glassnode marks steadfast dissolving steadfastness under Hodlern despite 100% offer redevelopment.
“When $ BTC achieved an all-time high yesterday, the total volume of the profit was around 1.00 billion USD-weniger than half of the amount that was realized when Bitcoin first crossed $ 100,000 last December,” said it that day.
“Despite a higher price, the realization was far more muffled.”
This article does not contain investment advice or recommendations. Every investment and trade movement is the risk, and readers should carry out their own research results if they make a decision.
