๐จ JOB DATA IS WEAKER, BTC REACTS!
๐บ๐ธ The US September jobs data only increased by around 29,000, far below the 90,000 expectation.
๐ Weakening labor data could reduce the pressure for higher interest rates by the Fed.
๐ฅ This situation becomes a positive sentiment for risk assets like Bitcoin.
๐ BTC is now moving back in the $86Kโ$87K range. Will bullish momentum continue? If you want, I can make a more intense version like Bybit/FYP content. $BTC $ETH $QNT #NFPWatch #BitcoinFundingRateTriplesTo10% #ZcashFalls21%FromSeptemberPeak #USSeptemberPayrollsAdd29KUnemploymentRises4.2%
๐บ๐ธ The US September jobs data only increased by around 29,000, far below the 90,000 expectation.
๐ Weakening labor data could reduce the pressure for higher interest rates by the Fed.
๐ฅ This situation becomes a positive sentiment for risk assets like Bitcoin.
๐ BTC is now moving back in the $86Kโ$87K range. Will bullish momentum continue? If you want, I can make a more intense version like Bybit/FYP content. $BTC $ETH $QNT #NFPWatch #BitcoinFundingRateTriplesTo10% #ZcashFalls21%FromSeptemberPeak #USSeptemberPayrollsAdd29KUnemploymentRises4.2%
