According to @charliebilello, US initial jobless claims have fallen to their lowest since August, signaling fewer new unemployment insurance filings and an improving near-term backdrop (source: @charliebilello, X, Nov 28, 2025). He notes that while the labor market has been cooling, this print is a good sign and in a recession claims would be trending higher, suggesting the current move is not recessionary (source: @charliebilello, X, Nov 28, 2025). For traders, the author’s non-recessionary read on claims reduces immediate recession signaling and can underpin risk appetite in rate‑sensitive risk assets, including BTC and ETH, when positioning around macro data (source: @charliebilello, X, Nov 28, 2025). A short video overview from the author provides additional context on the claims trend (source: @charliebilello, YouTube link shared on X, Nov 28, 2025).

According to @CNBC, U.S. Treasury yields edged lower as investors awaited delayed economic data, signaling a cautious risk tone in rates markets (source: CNBC tweet, Nov 24, 2025). Lower long-term yields are associated with looser financial conditions by reducing discount rates and borrowing costs, a dynamic that can support risk assets’ valuations (source: Federal Reserve Monetary Policy Report; BIS Quarterly Review). For crypto traders, moves in yields and the U.S. dollar often align with shifts in liquidity and risk appetite that can influence BTC and ETH price momentum and volatility (source: IMF Global Financial Stability Report; Chicago Fed National Financial Conditions Index). Near term, traders are watching the 10-year yield, DXY, and Fed funds futures-implied path to gauge crypto beta and basis moves in BTC and ETH (source: CME FedWatch Tool; CME Group futures market data).

According to @EricBalchunas, the U.S. jobs report is delayed and any outcome will be both bad and good for markets, framing a trade-off between an improving economy and the appeal of rate cuts. Source: Eric Balchunas on X, Sep 5, 2025, https://twitter.com/EricBalchunas/status/1963939724977930676 Traders should structure scenarios around this trade-off: if markets prefer signs of improving growth, the implication is reduced urgency for rate cuts; if markets prefer rate cuts, the path of yields becomes the dominant driver of risk appetite. Source: Eric Balchunas on X, Sep 5, 2025, https://twitter.com/EricBalchunas/status/1963939724977930676 For crypto, this means monitoring rates expectations and Treasury yields as key inputs for beta exposure in BTC and ETH around the release and immediate aftermath. Source: Eric Balchunas on X, Sep 5, 2025, https://twitter.com/EricBalchunas/status/1963939724977930676