Trading in U.S. stocks was light, Bitcoin’s challenge to 100,000 mg failed, and the rally stalled

The number of Americans continuing to file for unemployment benefits rose to the highest level in more than three years, US stocks fluctuated around flat after the Christmas opening, with gains and losses seen in light trading. HT Bitcoin failed to challenge $100,000, and cryptocurrencies all fell, with over $280 million in liquidations across the network in 24 hours. The US Labor Department reported on Thursday that in the week ending December 21, the total number of initial jobless claims was 219,000, down 1,000 from the previous week and lower than the expected 225,000. However, the number of continuing claims rose to 1.91 million, an increase of 46,000, the highest level since November 13, 2021, indicating increasing difficulty for unemployed workers to find new jobs. As the mixed unemployment data did little to change bets on the Federal Reserve's outlook, the stock market fluctuated in the quiet post-holiday trading. AR Apple's stock price continued to rise, with a market capitalization of $3.92 trillion, approaching the $4 trillion mark. In contrast, Nvidia's recent stock performance has been relatively weak, with a current market capitalization of $3.43 trillion, ranking it the second largest company in the world. HT Bitcoin attempted to challenge the $100,000 mark early yesterday, reaching a high of $99,963, but then fell back, hovering above $95,000 at the time of writing. The top 10 cryptocurrencies by market cap also showed a downward trend, with over $280 million in liquidations across the network in 24 hours. ONT As many people in Europe and the US are enjoying the year-end holidays before the New Year, the market is seeing light trading, and investors need to pay attention to their own positions and manage risks.