Markets now price a December Fed HIKE at 77%. Crypto is feeling it.
• US payrolls +165K in October, stronger than hoped
• Fed Dec 25bp hike odds: 77% (per Odaily)
• US CPI prints Tuesday
• $BTC dipped to $73,510 before reclaiming $75K; $ETH touched $2,060
Higher-for-longer rates hit leveraged longs first, and $803M was liquidated in 4 hours, mostly longs. A hot CPI could extend the pressure, a soft one could trigger a relief bounce.
Where does $BTC close Tuesday: above or below $75K?
Not financial advice.
#CPI #Fed #Bitcoin #CryptoNews
• US payrolls +165K in October, stronger than hoped
• Fed Dec 25bp hike odds: 77% (per Odaily)
• US CPI prints Tuesday
• $BTC dipped to $73,510 before reclaiming $75K; $ETH touched $2,060
Higher-for-longer rates hit leveraged longs first, and $803M was liquidated in 4 hours, mostly longs. A hot CPI could extend the pressure, a soft one could trigger a relief bounce.
Where does $BTC close Tuesday: above or below $75K?
Not financial advice.
#CPI #Fed #Bitcoin #CryptoNews