October rate hike odds just nuked to 16% after weak US jobs data ๐
Fewer jobs added than expected = Fed's hand weakening. Markets pricing in pause or even pivot signals.
This matters for risk assets. Less hawkish Fed = liquidity stays loose = potential relief rally for $BTC and alts.
Watch DXY and yields. If they keep dropping, crypto could catch a bid.
Fewer jobs added than expected = Fed's hand weakening. Markets pricing in pause or even pivot signals.
This matters for risk assets. Less hawkish Fed = liquidity stays loose = potential relief rally for $BTC and alts.
Watch DXY and yields. If they keep dropping, crypto could catch a bid.