Strong jobs data just changed the game.
US added 165,000 jobs in October way above expectations.
Unemployment dropped to 4.1%.
Now traders see nearly 80% chance of a Fed rate hike in December.
For crypto, this is a double-edged sword.
Strong economy is good… but higher rates usually pressure risk assets.
Question:
Do you think Bitcoin can still push higher even if the Fed hikes again?
#JobsReportRaisesHikeOdds #bitcoin #Fed $BTC
US added 165,000 jobs in October way above expectations.
Unemployment dropped to 4.1%.
Now traders see nearly 80% chance of a Fed rate hike in December.
For crypto, this is a double-edged sword.
Strong economy is good… but higher rates usually pressure risk assets.
Question:
Do you think Bitcoin can still push higher even if the Fed hikes again?
#JobsReportRaisesHikeOdds #bitcoin #Fed $BTC
