Post
Jul•外层空间
Core PCE cooled to 3.0% YoY / 0.2% MoM, while September ADP showed +90K private jobs. Markets have already reduced expectations for an October rate hike, putting even more weight on the upcoming NFP report.
For $BTC I see 3 possible reactions:
Weak NFP → delayed hike narrative strengthens → potentially bullish for risk assets.
Strong NFP + strong wages → hike expectations could return → BTC may face pressure.
Mixed data → volatility first, direction later.
#RateHikeDelayedJobsNext
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
