cryptoactu

The crypto market is correcting this Saturday morning: BTC is down 1.83% to 79 688 $ et ETH is down 2.82% to $2,458. The cause? A U.S. jobs report well above expectations in August (162,000 jobs vs. 53,000 expected), which immediately sent bond yields higher and pushed traders to price in a 58% chance of a Fed rate hike. Wall Street first suffered, and crypto is mechanically following the same risk-off logic. Risk assets do not like hawkish central banks, and BTC remains highly correlated with traditional markets in these moments of stress. The real question: if the Fed does indeed raise rates in September, how far can BTC fall before buyers regain control? #Bitcoin #CryptoActu