US initial jobless claims rose to 200,000, the highest in over a month but below forecasts. Here's what it means for Fed policy and crypto markets.

US initial jobless claims rose to 200,000, the highest in over a month but below forecasts. Here's what it means for Fed policy and crypto markets.

Initial claims rose 5,000 to 215,000 for the week ending May 23, but both claims and continuing benefits remain well below year-ago levels