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