Just came across this: “Before the ADP jobs report was released, the probability of a Fed rate hike in December was 81.2%.” I immediately checked $BTC , up +1.39% on the day.
Good indicators aren't necessarily good news for risk assets: an overheated economy could also delay expectations of rate cuts. The bad news is already in the headline; now it comes down to how the market digests it.
#BTC
Good indicators aren't necessarily good news for risk assets: an overheated economy could also delay expectations of rate cuts. The bad news is already in the headline; now it comes down to how the market digests it.
#BTC