According to @lisaabramowicz1, U.S. continuing jobless claims have risen to the highest level since 2021 in the latest weekly claims report, signaling that unemployed workers are taking longer to find new jobs; source: @lisaabramowicz1 citing the U.S. Department of Labor. For trading, market participants closely watch how DXY, Treasury yields, and crypto majors such as BTC and ETH react around weekly labor data releases to gauge macro-liquidity sentiment; source: @lisaabramowicz1 referencing the U.S. Department of Labor claims report. Traders should monitor whether upcoming Department of Labor releases confirm a sustained uptrend in continuing claims to assess labor-market softening risks; source: U.S. Department of Labor via @lisaabramowicz1.

According to The Kobeissi Letter, ADP data show U.S. companies shed about 2,500 jobs per week in October (ADP National Employment Report), while the U.S. Department of Labor reported 232,000 initial jobless claims for the week ended October 18 (U.S. Department of Labor); labor-market readings are a key input for Federal Reserve policy that transmits to rates and risk appetite across assets, including crypto (Federal Reserve).

According to @OnchainDataNerd, President Trump issued a recent executive order aiming to enable crypto exposure within U.S. 401(k) retirement plans. source: @OnchainDataNerd. The author describes this as a pivotal step toward mainstream adoption that could broaden the investable base for assets such as BTC and ETH if plan providers implement it. source: @OnchainDataNerd. U.S. 401(k) assets totaled roughly $7.4 trillion in 2023, highlighting the potential scale of retirement-channel access if policy and fiduciary guidance permit. source: Investment Company Institute (ICI) 2023 data. Any practical inclusion would likely rely on regulated vehicles such as spot Bitcoin ETFs approved in January 2024 for plan-compliant exposure. source: U.S. Securities and Exchange Commission. Traders should monitor the official publication of the executive order, potential updates from the U.S. Department of Labor on ERISA guidance, and statements from major retirement-plan providers for timing signals that could impact spot BTC ETF flows and BTC price volatility. source: U.S. Department of Labor; @OnchainDataNerd.