Crypto Markets Brace for Bond-Heavy Week as Fed Minutes and ISM Loom
Analysis
Bitcoin
Finance
bitcoin
Bond Market
crypto market
cryptocurrency
Fed Minutes
Federal Reserve
inflation
ISM Services PMI
treasury yields
U.S. economy
TLDR: Bitcoin starts near $85,000 as bond yields, Fed minutes and ISM data shape this week’s crypto outlook. September payrolls rose 29,000 versus 90,000 expected, while unemployment increased to 4.2% overall. The 10-year Treasury yield recently hit 5.34%, its highest level in roughly 24 years, pressuring risk assets. A $39B 10-year Treasury reopening and Fed [...]
The post Crypto Markets Brace for Bond-Heavy Week as Fed Minutes and ISM Loom appeared first on Blockonomi.
Source: Source: Blockonomi