...but remain well off cycle highs.

US initial jobless claims fell to 226,000 while continuing claims reached 1.81 million. Here's what the data means for Fed policy and crypto markets.

...but remain well off cycle highs.

Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Department said on Thursday. Economists polled…