🚨 FED RATE HIKE FEARS ARE BACK!
Today's CPI data has shaken market expectations.
According to the figures being circulated, traders are now pricing in a 98.8% chance of a 25 bps rate hike next month.
We were hoping for a bullish Q4, but instead, crypto traders are getting hit from every direction. 📉
Higher interest-rate expectations could put even more pressure on risk assets.
Just when we thought the market might finally catch a break…
👇 Are you still expecting a Q4 recovery, or has the outlook changed?
$BTC $ETH $ZEC
Today's CPI data has shaken market expectations.
According to the figures being circulated, traders are now pricing in a 98.8% chance of a 25 bps rate hike next month.
We were hoping for a bullish Q4, but instead, crypto traders are getting hit from every direction. 📉
Higher interest-rate expectations could put even more pressure on risk assets.
Just when we thought the market might finally catch a break…
👇 Are you still expecting a Q4 recovery, or has the outlook changed?
$BTC $ETH $ZEC
