🚨 BREAKING: Fed Governor Waller Opens The Door To No September Rate Hike 🚨 $USELESS

Guys, this is important for BTC and the wider crypto market. $MARSCOIN

Fed Governor Christopher Waller said he is open to keeping rates unchanged at the September 15-16 meeting if upcoming data continues to show inflation cooling toward the Fed's 2% target.

But this is not a guaranteed rate hold. Waller also said that if inflation comes in hot, he would consider a rate hike.

The market reacted quickly. September rate-hike odds dropped to around 50% from roughly 60%, while Treasury yields also moved lower.

For $BTC , this is a dovish shift at the margin, especially after yesterday's weak ADP data.

Now the next big test is tomorrow's NFP.

If jobs come weaker and inflation also continues cooling, the case for another September hike gets weaker.

But if NFP is strong and the next inflation report comes hot, the hike story can come back very quickly.

So I'm not calling this a guaranteed bullish signal.

For now, Waller just gave BTC bulls another reason to watch the September data closely.