Unemployment ticked up to 4.2% from 4.1% — basically nothing burger territory. Fed's probably gonna sit tight, no rate cuts on the horizon.
Here's the thing everyone gets backwards: stable or slowly rising rates? That's actually fine for $BTC. The real bull run killer? Rate cuts.
When central banks start slashing rates, it's not because they're feeling generous — it's because something broke. That's when risk assets get hammered. But this steady-as-she-goes environment? Markets can work with that.
People keep waiting for cuts like it's some magic catalyst. In my experience, the best runs happen when things are just... boring. No drama, no panic moves, just time doing its thing.
Here's the thing everyone gets backwards: stable or slowly rising rates? That's actually fine for $BTC. The real bull run killer? Rate cuts.
When central banks start slashing rates, it's not because they're feeling generous — it's because something broke. That's when risk assets get hammered. But this steady-as-she-goes environment? Markets can work with that.
People keep waiting for cuts like it's some magic catalyst. In my experience, the best runs happen when things are just... boring. No drama, no panic moves, just time doing its thing.