US Jobless Claims, Housing Starts and Philly Fed Data Due at 20:30 Beijing Time

This is a standard macro data dump, not a crypto or RWA-specific event, so its relevance to digital-asset markets runs indirectly through the rates channel. The labor and housing figures carry more weight than the regional Philly Fed print, since claims and construction activity feed into the broader growth picture that shapes rate expectations, which in turn drive risk appetite across asset classes. Whether the batch lands as a coherent signal or a mixed one is the open question; a single morning's data rarely settles the trend, so the follow-through in the next releases matters more than the initial reaction.