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Angelica Facchine FXU5
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Angelica Facchine FXU5

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🚨 US Jobs Data Slumps: The Fed Will Pause, Bitcoin Ready to Fly to $90K? 🚀$BTC The market has been full of plot twists this October! Just yesterday, the US Non-Farm Payrolls (NFP) data was released, and the results really made the market tense. Imagine this: the US economy only added 29,000 jobs in September. But analysts expected it to grow to 90,000! Unemployment also ticked up slightly to 4.2%. What does that mean for our crypto wallets? 🤔 This weakening data immediately became an 'emergency brake' for the Fed. The probability—or chance—that the Fed will raise interest rates again at the FOMC meeting on October 27–28 has sharply fallen from 51% to below 20%!

🚨 US Jobs Data Slumps: The Fed Will Pause, Bitcoin Ready to Fly to $90K? 🚀

$BTC The market has been full of plot twists this October! Just yesterday, the US Non-Farm Payrolls (NFP) data was released, and the results really made the market tense.
Imagine this: the US economy only added 29,000 jobs in September. But analysts expected it to grow to 90,000! Unemployment also ticked up slightly to 4.2%.
What does that mean for our crypto wallets? 🤔
This weakening data immediately became an 'emergency brake' for the Fed. The probability—or chance—that the Fed will raise interest rates again at the FOMC meeting on October 27–28 has sharply fallen from 51% to below 20%!
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