#usoctobernfp-areratecutsstillpossible
🚨 NO FED RATE CUTS? 75% CHANCE OF HIKES THAT ARE MAKING CRYPTO MARKETS NERVOUS!
Bitcoin and other digital currencies are preparing for another test tied to economic factors. This time, the main thing to watch is the U.S. jobs report.
📊 What is happening?
The U.S. NFP (non-farm payrolls) report for October will be released on November 6, 2026 at 8:30 AM ET.
At that time, the Federal Reserve had kept interest rates between 3.75% and 4.00%, saying the economy is doing well while still facing high inflation.
More surprising bets in the financial markets suggest about a 74% chance of a rate hike in December, not a cut!
🔥 Three scenarios for crypto:
🟥 Strong NFP: supports the idea that rates will stay high for longer. Higher yields could push down Bitcoin and other digital currencies.
🟡 NFP in line with expectations: keeps the Federal Reserve cautious. This could lead to a longer period of price stability in the crypto market.
🟢 Weak NFP: could reduce expectations of rate hikes, weaken government bond yields, and support investment. However, one weak report does not mean there will be rate cuts.
🎯 My trading view: watch U.S. Treasury yields, the U.S. dollar index, Bitcoin price action, and derivatives trading costs before doing anything. Market reaction matters more than the number.
What do you think: will strong NFP trigger another drop in crypto prices, or will weak employment data help the market turn positive again.
$HOT
$ICNT