Friday’s August jobs report could be a major test for $BTC.
Markets are leaning hawkish, with roughly two-thirds odds of a September Fed hike, while the labor market is showing signs of losing momentum.
A strong NFP could push yields higher and pressure risk assets, while a weak print could revive dovish expectations.
Markets are leaning hawkish, with roughly two-thirds odds of a September Fed hike, while the labor market is showing signs of losing momentum.
A strong NFP could push yields higher and pressure risk assets, while a weak print could revive dovish expectations.
