According to Stock Talk (@stocktalkweekly), U.S. initial jobless claims came in at 228,000, beating the consensus estimate of 230,000 and down from the previous 241,000. This better-than-expected labor data points to continued resilience in the U.S. economy, which could delay potential interest rate cuts by the Federal Reserve. For cryptocurrency traders, this reduces the likelihood of immediate dollar weakness, potentially limiting near-term bullish momentum for Bitcoin and other risk assets. Source: Stock Talk (@stocktalkweekly, May 8, 2025).