Fed Rate Cut Delayed as Strong Jobs Data Tests Bitcoin

BTC

BTC/USDT

$84,089.47

-0.44%

$84,089.47

-0.44%

(24s)

24h Volume

$15,058,376,216.05

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

Cryptonews Editorial

(01:13 PM UTC)

1 min read

Verified bySarah Chen

0 comments

Citigroup pushed its forecast for the Fed first interest rate cut to June 2027 after US employers added 162,000 jobs in August, more than triple the 53,000 economists had penciled in. The revision extends the timeline for lower borrowing costs by nine months.

Now, it opens a question Bitcoin traders have been circling all year: how much longer can a resilient labor market keep real yields, the…