After the nonfarm payrolls report, the probability of a Fed rate hike in December rose to 77.7%
$BTC is now at 75612, down 1.07% over 24 hours. Two things to watch next: whether trading volume picks up and whether the price can sustain its move. Fear can easily amplify the impact of this kind of negative news, so a rational perspective is more reassuring. Beyond price changes, it’s also worth looking at turnover and open interest in futures.
$BTC is now at 75612, down 1.07% over 24 hours. Two things to watch next: whether trading volume picks up and whether the price can sustain its move. Fear can easily amplify the impact of this kind of negative news, so a rational perspective is more reassuring. Beyond price changes, it’s also worth looking at turnover and open interest in futures.