Bitcoin Gains as U. S. Nonfarm Payrolls Comes In Way Below Expectations
Nonfarm payrolls came in at 29,000, well below expectations, further crushing expectations of an October Fed rate hike, which is a positive for BTC
Why it matters
Macro positioning around BTC can change volatility, liquidity, or sentiment. The concrete detail to watch is nonfarm payrolls came in at 29,000, well below expectations, further crushing expectations of an October Fed rate hike, which is a positive for BTC
