US jobless claims just dropped, wrapping up what's been a rollercoaster year for employment. The labor market's been throwing curveballs left and right throughout 2024. What catches traders' attention here is how job market stabilization could influence Fed policy moves going forward. Softer labor data typically fuels speculation about rate cuts, which tends to create tailwinds for risk assets including crypto. Worth monitoring how this trend develops in the coming quarters—employment reports have increasingly become key triggers for market repricing.