Rising numbers of people applying for unemployment benefits are typically viewed as a sign of a slowing or declining economy. This can lead to heightened uncertainty and risk aversion in the cryptocurrency markets, mirroring trends seen in traditional financial markets. When faced with economic uncertainty, investors often seek out assets considered to be safer bets. Cryptocurrencies, known for their volatility and high-risk nature, may experience a decrease in value during these uncertain times. The most recent data from the US shows an expected number of 215,000 new claims, compared to the previous week’s 219,000, with the actual number coming in at 229,000. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.