According to Crypto Rover, US initial jobless claims came in at 245,000, slightly below the expected 246,000 (source: Crypto Rover on Twitter, June 18, 2025). This marginally better-than-anticipated labor data suggests continued resilience in the US job market, which may reduce immediate expectations for aggressive Federal Reserve rate cuts. For cryptocurrency traders, especially those holding BTC and ETH, such data can signal short-term US dollar strength, potentially leading to increased volatility or downward pressure in crypto prices as risk appetite shifts (source: Crypto Rover). Traders should monitor upcoming macroeconomic releases for further direction.