The jobs report came in much stronger: +165,000 versus the forecast of 65,000, with unemployment at 4.1%. The 10-year Treasury yield rose to 4.89%, and the odds of a December Fed rate hike, which had fallen to ~70% ahead of the report, are likely to rise again. $BTC is trading around $75,470, and $ETH around $2,224—right at the $2,222 support level. Key levels for Bitcoin are $75,000 and $74,000, with resistance at $76,500–77,000. Next week’s inflation data (CPI/PPI) will matter more. Not financial advice.
Will $75K and $2,222 hold? 👇
#NFP