"Last week U.S. initial jobless claims estimated to have decreased to 215,000"

As U.S. initial jobless claims showed a decline, market uncertainty is growing as official statistics are being released late due to a federal government shutdown (temporary work stoppage).

On the 18th (local time), according to Coincu, a media outlet specializing in virtual assets (cryptocurrency), on-chain analytics firm ChainCatcher estimated that last week U.S. initial jobless claims likely reached about 215,000. This analysis was derived using unadjusted figures in a situation where government agencies have restricted data disclosure. If the statistical gap is prolonged, there is also a possibility that short-term financial market volatility will expand.

U.S. economic stability affects not only stocks and bonds but also investor sentiment toward virtual assets. On-chain analysis firms such as CryptoQuant and Glassnode have analyzed that major macro indicators directly influence risk asset preferences. Arthur Hayes, co-founder of BitMEX, has previously noted, "As economic uncertainty increases, virtual assets attract attention as a hedge(hedge) against volatility in traditional markets."

Looking at past cases, delays in the release of major economic indicators during shutdowns in 2018 and 2019 also caused short-term market turbulence. According to data from the Federal Reserve Bank of St. Louis, the delay in the release of unemployment insurance claims data at that time temporarily dampened investor sentiment.