BTC price eyes $112K as risk assets 'ignore bad news' on unemployment

May 23 2025 bitcoin


Bitcoin bull market momentum is in full force as US jobless claims fail to spark cold feet on risk assets — and a "bigger move" on BTC is expected.

Key points:

Mixed results for US jobless claims fail to dent risk-asset enthusiasm.

Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session.

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