BTC Price Eyes $112K Unemployment Rate as Risk Asset “Ignore Bad News”

Key points:

• The different outcomes that we claim for unemployed people fail to curb the enthusiasm of risky assets.

• Despite concerns about the bond market, Bitcoin and stocks were stabilizing at the beginning of the Wall Street Fair.

• BTC’s price expectations remain high in the case of low volatility and strange lack of profits.

On May 22, Bitcoin (BTC) focused on $111,000 at $111,000 as record highs hit U.S. jobless data.

Bitcoin, Stock Deletion Job Uncertainty

Data from CoIntelegraph Markets Pro and TradingView show that BTC price volatility cooling is consistent with stocks.

The latest U.S. macroeconomic data depicts conflicting resilience of labor markets to inflation trends.

The initial unemployment claims were below the expected 227,000, while the ongoing claims exceeded 13,000.

However, risky assets are far from vigilant responses, maintaining previous levels, leading to analysis conclusions about market sentiment.

“The initial unemployment requirements were cooler than expected. Continuous claims were higher than expected.” Blacknox, co-founder of the Trade Resources Materials Indicator, responded to X.

“BTC is in price discovery and the market wants to celebrate the good news and ignore the bad news.”

Co-founder Keith Alan describes the unemployed figures as “more fuel for BTC momentum”.

“Continue to watch Bitcoin and gold,” Kobeissi’s trading resources continues.

Kobessi added that it expects some form of government intervention in the bond market after stock volatility began the day before.

In today’s bond market:

For the first time since October 2023, the U.S. 30-year bond yield has reached 5.15%.

Except since October 2023, the 30-year yield has not been so high since July 2007.

We expect Trump and Bennister to try to intervene when the Fed refuses to cut… https://t.co/guptlblyck pic.twitter.com/0donkceum6

– Kobeissi Letter (@KobeissileTter) May 22, 2025

Bitcoin should “behave bigger” when it comes to low profits

Comparing the latest all-time highs with previous cycles, Bitcoin market participants reveal surprising behavior.

Related: Bitcoin ‘looks tired’ as the next bear market target is $69k

They noted that both volatility and quality profitability were significantly lacking.

“I don’t remember the period when $BTC was just a casual trade in history in the 1% range,” popular businessman Daan Crypto Trades told X Collasters.

“Once the tiny area is destroyed, there will be a bigger move. There are many places on both sides.”

Thickened bids from monitoring resources coinglass and inquire about spot prices liquidity data.

Elsewhere, the OnChain Analytics Platform Platform Glass show still marks a firm determination in Hodlers despite 100% profitability.

“When $BTC hit an all-time high yesterday, the total profit margin was about $1.00B, less than half of Bitcoin’s first-ever $100k in December last year, which was $2.10B,” it reached $2.10B on the same day. ”

“Despite the price being higher, it’s even more confusing to realize profits.”

This article does not contain investment advice or advice. Every investment and trading move involves risks and readers should conduct their own research when making decisions.