Bitcoin is holding above $90,000 as the crypto market awaits key US economic data that could influence investor sentiment.
Positive US economic signals may boost confidence in cryptocurrencies, while weaker data could lead to market caution and volatility.
 
The cryptocurrency market is gearing up for a potentially volatile week, with a range of significant US economic data and corporate earnings reports expected to shape investor sentiment and trading strategies. Bitcoin (BTC) is still trading above the $90,000 level, and market participants are closely watching developments that could change market dynamics.
US Jobless Claims
 
The US Department of Labor is set to release its weekly Initial Jobless Claims report on Thursday, November 21, which will provide essential insights into the labour market’s condition. The previous report indicated claims for the week ending November 16 at 217,000, which was lower than the anticipated 223,000 and a decrease from the prior week’s 221,000

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