Post
Gulrukh khan
Strong jobs +165K vs 65K expected pushed December hike odds to 76% (CME FedWatch, Dec 9 meeting), up from last week.
The 10Y spiked on the data but closed Friday at 4.86%, still far below its October peak (5.3%).
$BTC is the weak link, under 76.8K even as yields fell.
CPI on Tuesday is the next test. NFA.
Is this a rates story, or is crypto waiting for its own catalyst? #USJobsBeatExpectations
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,365+0.00%
ETH/USDTEthereum
$2,030.93+0.00%
SOL/USDTSolana
$82.33+0.00%
Today’s market buzz
1#BTC fell below $75,000 before the US October CPI release
2#AI stocks pull back: UBS says position reset, Bank of England warns of crash risk
3#Trump says the possibility of a large-scale strike on Iran is low, oil prices plummet
