the jobs print just put a december hike back on the table
#JobsReportRaisesHikeOdds
payrolls came in more than double what people expected, unemployment ticked down and wages ran hot. rate markets swung back to pricing a december hike as the base case
one side says tighter money means less liquidity chasing $BTC and $ETH, and the hike isnt fully priced yet. the other side says a strong economy isnt a crisis, the 2 year barely moved, and if tech keeps selling the fed may be done after december
what i watch is $BTC around 75k into the cpi print. holding there with hike odds this high means the bad news is mostly in. losing it means crypto is still repricing tighter money
does $BTC keep the 75k floor through cpi, or does a hot print crack it ?
#JobsReportRaisesHikeOdds
payrolls came in more than double what people expected, unemployment ticked down and wages ran hot. rate markets swung back to pricing a december hike as the base case
one side says tighter money means less liquidity chasing $BTC and $ETH, and the hike isnt fully priced yet. the other side says a strong economy isnt a crisis, the 2 year barely moved, and if tech keeps selling the fed may be done after december
what i watch is $BTC around 75k into the cpi print. holding there with hike odds this high means the bad news is mostly in. losing it means crypto is still repricing tighter money
does $BTC keep the 75k floor through cpi, or does a hot print crack it ?
