đš The crypto market is entering an important macro window.
đ October Fed hike odds: ~68%
đŠ Fed raised rates by 25 bps on Sept. 16
đ U.S. 10Y yield: 5.17% on Sept. 25
đïž Sept. 30: PCE inflation data
The combination of elevated Treasury yields and higher rate-hike expectations is keeping pressure on broader risk assets.
But the next major clue comes from PCE inflation.
âĄïž Hotter inflation could reinforce higher-for-longer rate expectations.
âĄïž Cooler inflation could ease some pressure on yields and rate expectations.
For crypto, Iâm watching the chain closelyđ„
PCE â Fed expectations â Treasury yields â liquidity â BTC & altcoins
No need to chase headlines. The data comes first.
What are you watching most closely â PCE, yields, or BTC price action? đ
Trade âĄïž $BTC
âĄïž $ZEC âĄïž $CRV
#QNTFallsOver40%FromMorningHigh #ChainlinkLaunchesCCIP2WithEnterpriseVerification #HackersDrainOver12.4MXRPFromDCENTWallets
đ October Fed hike odds: ~68%
đŠ Fed raised rates by 25 bps on Sept. 16
đ U.S. 10Y yield: 5.17% on Sept. 25
đïž Sept. 30: PCE inflation data
The combination of elevated Treasury yields and higher rate-hike expectations is keeping pressure on broader risk assets.
But the next major clue comes from PCE inflation.
âĄïž Hotter inflation could reinforce higher-for-longer rate expectations.
âĄïž Cooler inflation could ease some pressure on yields and rate expectations.
For crypto, Iâm watching the chain closelyđ„
PCE â Fed expectations â Treasury yields â liquidity â BTC & altcoins
No need to chase headlines. The data comes first.
What are you watching most closely â PCE, yields, or BTC price action? đ
Trade âĄïž $BTC
âĄïž $ZEC âĄïž $CRV
#QNTFallsOver40%FromMorningHigh #ChainlinkLaunchesCCIP2WithEnterpriseVerification #HackersDrainOver12.4MXRPFromDCENTWallets
