#usshorttermtreasuryyieldsjump
๐จ HAWKISH FED PUTS CRYPTO UNDER PRESSURE ๐
U.S. Treasury yields jumped after Fed Chair Kevin Warsh signaled that rate hikes could be needed if inflation fails to cool. Markets now price roughly a 57% chance of a September hike, up sharply from before his speech.
๐ฅ Higher yields and a stronger dollar can weigh on Bitcoin and other risk assets, keeping pressure on crypto as traders await upcoming jobs and inflation data.
๐ฏ TRADING VIEW: SELL ๐
The current macro setup is bearish for crypto while hawkish Fed expectations remain elevated.
โ Can BTC hold up against rising yields? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"$BTC
#bitcoin #Fed
๐จ HAWKISH FED PUTS CRYPTO UNDER PRESSURE ๐
U.S. Treasury yields jumped after Fed Chair Kevin Warsh signaled that rate hikes could be needed if inflation fails to cool. Markets now price roughly a 57% chance of a September hike, up sharply from before his speech.
๐ฅ Higher yields and a stronger dollar can weigh on Bitcoin and other risk assets, keeping pressure on crypto as traders await upcoming jobs and inflation data.
๐ฏ TRADING VIEW: SELL ๐
The current macro setup is bearish for crypto while hawkish Fed expectations remain elevated.
โ Can BTC hold up against rising yields? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"$BTC
#bitcoin #Fed
