๐ Fed Rate Hike Odds Are Falling โ What About BTC?
October rate-hike expectations have dropped to just 21.6%.
๐น Weaker jobs data
๐น Softer inflation
๐น Lower rate-hike expectations
These factors could support Bitcoin. However, rising Treasury yields and a stronger dollar are still putting pressure on BTC.
๐ Fed pause โ potentially bullish for BTC
โ ๏ธ Hawkish Fed โ potential pressure on BTC
Keep an eye on the upcoming FOMC Minutes. ๐
#Bitcoin #BTC #Fed #Crypto #BinanceSquareTalks
Make the Binance Square post shorter
Add a stronger reader-friendly hook
Clarify the bullish and bearish scenarios
October rate-hike expectations have dropped to just 21.6%.
๐น Weaker jobs data
๐น Softer inflation
๐น Lower rate-hike expectations
These factors could support Bitcoin. However, rising Treasury yields and a stronger dollar are still putting pressure on BTC.
๐ Fed pause โ potentially bullish for BTC
โ ๏ธ Hawkish Fed โ potential pressure on BTC
Keep an eye on the upcoming FOMC Minutes. ๐
#Bitcoin #BTC #Fed #Crypto #BinanceSquareTalks
Make the Binance Square post shorter
Add a stronger reader-friendly hook
Clarify the bullish and bearish scenarios