US Jobless Claims Surprise Sinks Bitcoin Volatility
The US Department of Labor released its weekly initial jobless claims data for the week ending September 26, 2026. The report showed a surprise drop to 197,000, beating economists' consensus expectations of 200,000.
This unexpected development has triggered elevated Bitcoin volatility as crypto traders reassess macro risk. The shift in economic conditions has left the market in a tug-of-war between Fed uncertainty and institutional buying pressure that could keep prices rangebound.