BREAKING đš
Bitcoin surges past $86,000 as traders price out an October Federal Reserve rate hike đ.
The latest jobs data for September came in weaker than expected, prompting analysts to remove the prospect of a Fed hike this month. With inflation pressures easing, market participants are betting the central bank will hold rates steady. Despite the bullish move, Bitcoin remains confined below the $87,000 psychological barrier, hovering near $86,200. The upcoming FOMC minutes, set for release on Wednesday, are expected to further shape crypto sentiment. Traders are closely watching the interplay between monetary policy signals and crypto price momentum.
All eyes remain on the Fedâs next communication for clues on Bitcoinâs next breakout đ.
$GTC, $SCR, $GTC
Bitcoin surges past $86,000 as traders price out an October Federal Reserve rate hike đ.
The latest jobs data for September came in weaker than expected, prompting analysts to remove the prospect of a Fed hike this month. With inflation pressures easing, market participants are betting the central bank will hold rates steady. Despite the bullish move, Bitcoin remains confined below the $87,000 psychological barrier, hovering near $86,200. The upcoming FOMC minutes, set for release on Wednesday, are expected to further shape crypto sentiment. Traders are closely watching the interplay between monetary policy signals and crypto price momentum.
All eyes remain on the Fedâs next communication for clues on Bitcoinâs next breakout đ.
$GTC, $SCR, $GTC
