Bitcoin Surges to $97K Despite Rising Jobless Claims
- Jobless claims increased to a seasonally adjusted 241,000 at the end of April.
- Bitcoin’s value reached $97,000, defying negative employment data.
- Both traditional and crypto markets rallied on Thursday morning.
The number of Americans filing for unemployment benefits rose to 241,000, yet Bitcoin surged to $97K as both traditional and crypto markets showed resilience.
Source (2.6)https://news.bitcoin.com/bitcoin-breaks-97k-as-markets-defy-weak-employment-data/?rand=52384
