💥 BREAKING: FED HIKE ODDS SPIKE
Probability of a 25bps rate hike
on Sept 15-16 climbs to ~60%
WHY?
- Strong August jobs: +162K jobs
- Fed Chair Warsh: "Focus is on prices"
- Inflation risks rising
WHY IT MATTERS FOR CRYPTO:
Higher rates = Stronger Dollar + Bonds
= Less liquidity for BTC & Risk Assets
KEY DATA THIS WEEK:
PPI: Sept 10 | CPI: Sept 11
Markets are now pricing a hike as
the base case. Volatility ahead.
#FED #Bitcoin #Crypto #RateHike #Markets
Probability of a 25bps rate hike
on Sept 15-16 climbs to ~60%
WHY?
- Strong August jobs: +162K jobs
- Fed Chair Warsh: "Focus is on prices"
- Inflation risks rising
WHY IT MATTERS FOR CRYPTO:
Higher rates = Stronger Dollar + Bonds
= Less liquidity for BTC & Risk Assets
KEY DATA THIS WEEK:
PPI: Sept 10 | CPI: Sept 11
Markets are now pricing a hike as
the base case. Volatility ahead.
#FED #Bitcoin #Crypto #RateHike #Markets
