The latest nonfarm payrolls figures from the US Labor Department just killed momentum for a January rate cut from the Federal Reserve. Strong employment data tightens the Fed's grip on inflation concerns, pushing any easing cycle further down the road. For crypto markets, this means continued pressure from higher-for-longer rates—something traders need to factor into their positions.
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GateUser-0717ab66
· 15h ago
Damn, another delay in interest rate cuts. If this keeps up, my short positions are going to blow up.
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Web3Educator
· 01-09 23:48
ngl the fed just yeeted our rate cut dreams... strong jobs data = higher for longer, which is exactly what my students were worried about in last week's bootcamp. here's the key insight: crypto doesn't love rate hikes, period. this fundamentally speaking shifts the whole macro picture we've been teaching. buckle up.
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LadderToolGuy
· 01-09 23:45
Once again, employment data is causing disruption. The January rate cut was directly canceled, and now the crypto prices will have to continue being held down by high interest rates.
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AirdropFreedom
· 01-09 23:42
The federation is determined to take us down. As soon as employment data improves, our good days are over.
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Blockwatcher9000
· 01-09 23:41
Alright, alright, it's the employment data again. The Fed is going to continue to stick to high interest rates this time.
The latest nonfarm payrolls figures from the US Labor Department just killed momentum for a January rate cut from the Federal Reserve. Strong employment data tightens the Fed's grip on inflation concerns, pushing any easing cycle further down the road. For crypto markets, this means continued pressure from higher-for-longer rates—something traders need to factor into their positions.