🚨 BITCOIN JUST GOT HIT BY A HUGE MACRO SIGNAL 👀🔥
🇺🇸 U.S. JOBS DATA JUST MISSED EXPECTATIONS — AND TREASURY YIELDS ARE FALLING.
September payrolls came in at just 29K, far below the roughly 90K forecast.
📉 10-Year Treasury yield slipped toward 5.18%
📊 Unemployment rose to 4.2%
🏦 Expectations for an October Fed hike dropped sharply
And Bitcoin reacted.
₿ BTC pushed back toward the $86K area as markets reassessed the Fed's next move.
But here's the twist…
⚠️ Weak jobs data can support easier-rate expectations, but it also signals a cooling U.S. economy.
That puts the spotlight directly on the Fed.
👀 If yields keep falling, does Bitcoin have enough momentum to challenge the next major level?
$BTC $ETH
#Bitcoin #BTC #Ethereum #ETH #NFP
🇺🇸 U.S. JOBS DATA JUST MISSED EXPECTATIONS — AND TREASURY YIELDS ARE FALLING.
September payrolls came in at just 29K, far below the roughly 90K forecast.
📉 10-Year Treasury yield slipped toward 5.18%
📊 Unemployment rose to 4.2%
🏦 Expectations for an October Fed hike dropped sharply
And Bitcoin reacted.
₿ BTC pushed back toward the $86K area as markets reassessed the Fed's next move.
But here's the twist…
⚠️ Weak jobs data can support easier-rate expectations, but it also signals a cooling U.S. economy.
That puts the spotlight directly on the Fed.
👀 If yields keep falling, does Bitcoin have enough momentum to challenge the next major level?
$BTC $ETH
#Bitcoin #BTC #Ethereum #ETH #NFP