US jobless claims hold steady at 215,000 as labor market signals ‘goldilocks’ zone for risk assets

US weekly jobless claims have held steady at 215,000, indicating a stable labor market. Some reports suggest this goldilocks zone supports expectations for Fed rate cuts, potentially boosting risk assets such as Bitcoin and Ethereum. Conversely, other perspectives indicate that this labor market robustness complicates rate cut hopes by maintaining tighter financial conditions. These diverging interpretations highlight the complex relationship between employment data, monetary policy, and the broader economic and crypto sectors.