Bitcoin reacts to major US jobs data beat as Fed rate pause odds near 95%
Bitcoin volatility spiked on the back of surprisingly strong US nonfarm payrolls numbers, but traders retained $50,000 BTC price targets. Will a Fed rate decision lead to a bullish outcome?
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin volatility spiked on the back of surprisingly strong US nonfarm payrolls numbers, but traders retained $50,000 BTC price targets. Will a Fed rate decision lead to a bullish outcome?
Why this matters
Bitcoin is showing up inside the Macro & Rates theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Why Is Crypto Down? Hotter CPI Fuels Fears of Delayed Fed Rate Cuts
Why is crypto down? Bitcoin fell by 4% over 24 hours, while Ethereum lost about 6.5% as hotter U.S. inflation and a technology sel...
Bitcoin Briefly Slides Below $80,000 On More Hot Inflation Data
Bitcoin Magazine Bitcoin Briefly Slides Below $80,000 On More Hot Inflation Data Bitcoin’s price momentarily dipped below $80,000...
Fidelity Digital Assets finds Bitcoin now moving with US Treasury real rates
Bitcoin's correlation with US Treasury real rates suggests a shift in investor sentiment, potentially altering traditional portfol...
US Wholesale Inflation Accelerates to 6.3% as Bitcoin Slips
Gasoline producer prices jumped 20.3% in September, while Polymarket traders put a 72.5% probability on the Fed holding rates at i...
Russia Crypto: Diesel Deal Falters as Zelensky Resumes Refinery Strikes, What Now for Oil Bitcoin?
In Russia crypto news, Donald Trump’s announced plan to release 300,000 tonnes of Russian diesel to the US and global markets face...
Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion
Hot inflation data revived Fed rate-hike bets, and leveraged bulls paid the bill as nearly $1 billion in crypto positions were liq...