#usshorttermtreasuryyieldsjump
đš HAWKISH FED PUTS CRYPTO UNDER PRESSURE đ
U.S. Treasury yields jumped after Fed Chair Kevin Warsh signaled that rate hikes could be needed if inflation fails to cool. Markets now price roughly a 57% chance of a September hike, up sharply from before his speech.
đ„ Higher yields and a stronger dollar can weigh on Bitcoin and other risk assets, keeping pressure on crypto as traders await upcoming jobs and inflation data.
đŻ TRADING VIEW: SELL đ
The current macro setup is bearish for crypto while hawkish Fed expectations remain elevated.
â Can BTC hold up against rising yields? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"$BTC
#bitcoin #Fed
đš HAWKISH FED PUTS CRYPTO UNDER PRESSURE đ
U.S. Treasury yields jumped after Fed Chair Kevin Warsh signaled that rate hikes could be needed if inflation fails to cool. Markets now price roughly a 57% chance of a September hike, up sharply from before his speech.
đ„ Higher yields and a stronger dollar can weigh on Bitcoin and other risk assets, keeping pressure on crypto as traders await upcoming jobs and inflation data.
đŻ TRADING VIEW: SELL đ
The current macro setup is bearish for crypto while hawkish Fed expectations remain elevated.
â Can BTC hold up against rising yields? "CLICK ON THE BELOW YELLOW COIN TAG TO GO TO DESIRED TRADING PAGE TO GET BENEFIT TRADE"$BTC
#bitcoin #Fed
