BlockBeats News: Thanksgiving Holiday Triggers Early US Market Close as Gold Futures End Early and Jobless Claims Data Arrives at 21:30
Markets enter a Thanksgiving week with tightened liquidity as US participants observe the holiday. The key macro release, the Initial Jobless Claims report, is scheduled for an early release tonight at 21:30 ET. With the US stock and bond markets closed on November 27 and gold, silver, and oil futures trading ending early, crypto desks will closely watch cross-asset signals for risk sentiment and liquidity dynamics, including Bitcoin and Ethereum behavior.
An outsized move in the data could trigger volatility across markets even in a holiday window. Traders should expect thinner order books in crypto venues and potential price gaps as pre- and post-release liquidity shifts. Emphasize risk controls, monitor exchange-level liquidity, and consider hedging for Bitcoin and other top assets.
The Thanksgiving schedule tends to compress trading hours and liquidity, making careful risk management essential for crypto traders as markets await the US data release and the resumption of normal sessions.