The jobs report showed the U.S. added 165,000 jobs in October, far above the 59,000 forecast, and the unemployment rate slipped to 4.1% from the expected 4.2%, per CNBC. That surprise could keep the Fed from cutting rates quickly, meaning dollar strength may linger and crypto liquidity stay tight.
$BTC is at $75,846 (-0.20% 24h, -1.97% 7d, range $74,888-$76,416, volume $1.40B). $ETH sits at $2,232 (-0.66% 24h) and $BNB is $693.68 (+0.38% 24h). The Fear & Greed Index is 28 (Fear). If rates stay high, risk appetite could stay muted, but the data might be a one-off. What's your take?
#Macro #Bitcoin #Crypto
$BTC is at $75,846 (-0.20% 24h, -1.97% 7d, range $74,888-$76,416, volume $1.40B). $ETH sits at $2,232 (-0.66% 24h) and $BNB is $693.68 (+0.38% 24h). The Fear & Greed Index is 28 (Fear). If rates stay high, risk appetite could stay muted, but the data might be a one-off. What's your take?
#Macro #Bitcoin #Crypto
