#fedoctoberratehikeoddsfallto17% 🚨 FED OCTOBER RATE HIKE ODDS COLLAPSE TO 17%
Markets just made a major macro U-turn.
After September’s weak U.S. jobs report, the probability of another Fed rate hike in October dropped to roughly 17%, while markets now heavily favor no change. Just days earlier, hike expectations had been much higher.
Why did expectations flip so fast?
🇺🇸 September payrolls: +29,000
📉 July & August revised down by 60,000 combined
👥 Unemployment: 4.2%
💵 Wage growth: just +0.1% MoM
The labor market is clearly losing momentum.
Why crypto traders should care 👇
🟢 Bullish case:
Fewer rate hikes → potentially lower yields → easier financial conditions → more appetite for risk assets like Bitcoin and altcoins.
🔴 Risk case:
Weak jobs can also signal a slowing economy. If recession fears rise, traders may move away from risk instead of buying it.
My view:
This is a positive liquidity signal for crypto, but I want price confirmation before calling it a breakout.
I’m watching:
✅ BTC reaction at resistance
✅ Treasury yields
✅ Dollar strength
✅ Volume on the next breakout
✅ Oct. 27–28 FOMC meeting
The Fed’s next policy meeting is scheduled for October 27–28.
Does a 17% hike probability send BTC higher — or is the weak economy the bigger story? 👀
$BTC $ETH $SOL
#Fed #bitcoin #crypto #Macro