Bitcoin dips 2.11% as US jobless claims surge, rattling markets
Bitcoin’s price has fallen slightly over the past day, dropping 2.11% to $90,124.79. The decline comes as fresh economic data shows a sharp rise in US jobless claims, raising concerns about stock market stability. Meanwhile, the cryptocurrency’s market capitalisation remains high at $1.80 trillion—the strongest level since early September 2025.
The US Department of Labor reported 236,000 initial jobless claims for the week ending December 6, 2025. This figure marks an increase of 44,000 from the previous week’s revised total of 192,000 claims. The surge exceeded analyst expectations and points to a weakening labour market under pressure from persistent inflation and elevated interest rates.
The rise in jobless claims could influence the Federal Reserve’s next policy moves, potentially affecting financial markets, including cryptocurrencies. Bitcoin’s current price sits at $90,124.79, down from recent highs, while its trading activity and market cap indicate ongoing, if cautious, investor engagement. Economic uncertainty and policy decisions will likely shape stock market trends in the coming weeks.
