Crypto prices fear rate hikes
The figures came out at 9:30 p.m. last night, Beijing time
corresponding to 8:30 a.m. Eastern Time
The numbers were pretty strong
Nonfarm payrolls surged to over 160,000
far above expectations by around 50,000 to 60,000
September's previous figure was also revised upward
The market reaction was even more direct
The probability of a rate hike in December has risen to over 70%
probably up another notch from the day before
$BTC With this repricing of interest rates,
prices will likely remain under pressure in the short term
I'm not chasing this rebound
#非农就业数据推升加息预期 $BTC
The figures came out at 9:30 p.m. last night, Beijing time
corresponding to 8:30 a.m. Eastern Time
The numbers were pretty strong
Nonfarm payrolls surged to over 160,000
far above expectations by around 50,000 to 60,000
September's previous figure was also revised upward
The market reaction was even more direct
The probability of a rate hike in December has risen to over 70%
probably up another notch from the day before
$BTC With this repricing of interest rates,
prices will likely remain under pressure in the short term
I'm not chasing this rebound
#非农就业数据推升加息预期 $BTC
