🚨 STRONG US ECONOMY SHAKES BITCOIN
Bitcoin was near $87K, but a strong U.S. economic report changed the mood.
🇺🇸 U.S. September PMI came in at 58.4, showing very strong business growth.
But here’s the problem for crypto 👇
Strong economic data can give the Federal Reserve more reason to keep rates high.
The U.S. 10-year Treasury yield also moved above 5%, making risky assets like Bitcoin less attractive to some investors.
BTC dropped back toward the $84K area after touching around $87K.
💡 The key story today:
Strong economy = possible higher rates = pressure on crypto.
Now the market is watching whether Bitcoin can hold the $83.6K–$83.8K support zone.
Do you think BTC can recover from here? 👀
#Bitcoin #BTC #crypto #FederalReserve #Economy
Bitcoin was near $87K, but a strong U.S. economic report changed the mood.
🇺🇸 U.S. September PMI came in at 58.4, showing very strong business growth.
But here’s the problem for crypto 👇
Strong economic data can give the Federal Reserve more reason to keep rates high.
The U.S. 10-year Treasury yield also moved above 5%, making risky assets like Bitcoin less attractive to some investors.
BTC dropped back toward the $84K area after touching around $87K.
💡 The key story today:
Strong economy = possible higher rates = pressure on crypto.
Now the market is watching whether Bitcoin can hold the $83.6K–$83.8K support zone.
Do you think BTC can recover from here? 👀
#Bitcoin #BTC #crypto #FederalReserve #Economy
