#NFPWatch
🚨 MACRO IS MOVING — AND BTC IS REACTING
Bitcoin is getting some breathing room as U.S. Treasury yields pull back. 📉
The latest jobs data came in much weaker than expected, cooling rate-hike expectations and giving risk assets some relief.
BTC is bouncing back around the $86K zone. 👀
Now the big question:
Can lower yields keep supporting the crypto recovery?
Watching the macro before making the next move. 🧐📊 $BTC
#Bitcoin #BTC #Crypto #Macro #BitcoinFundingRateTriplesTo10% #ZcashFalls21%FromSeptemberPeak #USSeptemberPayrollsAdd29KUnemploymentRises4.2%
🚨 MACRO IS MOVING — AND BTC IS REACTING
Bitcoin is getting some breathing room as U.S. Treasury yields pull back. 📉
The latest jobs data came in much weaker than expected, cooling rate-hike expectations and giving risk assets some relief.
BTC is bouncing back around the $86K zone. 👀
Now the big question:
Can lower yields keep supporting the crypto recovery?
Watching the macro before making the next move. 🧐📊 $BTC
#Bitcoin #BTC #Crypto #Macro #BitcoinFundingRateTriplesTo10% #ZcashFalls21%FromSeptemberPeak #USSeptemberPayrollsAdd29KUnemploymentRises4.2%
