According to @Andre_Dragosch, the U.S. Federal Reserve maintained its benchmark interest rate at 4.25%-4.50% as expected, but signaled a more hawkish stance for the future. The Fed's updated projections indicate fewer rate cuts in 2026 and 2027, coupled with forecasts for weaker GDP growth at 1.4% and higher PCE inflation at 3.0% for the current year. Following this announcement, Bitcoin (BTC) showed little immediate change, trading around $104,200. Subsequently, a surprisingly strong June jobs report, which showed 147,000 new payrolls against a 110,000 forecast and a drop in the unemployment rate to 4.1%, further dampened expectations for imminent rate cuts. This robust economic data caused a modest dip in Bitcoin's price to just under $109,000. In response to the strong employment figures, traders on the CME FedWatch tool increased the probability of the Fed holding rates steady in July to 95%, while the likelihood of a rate cut by September decreased.

According to @MilkRoadDaily, the U.S. Federal Reserve has maintained its benchmark interest rates at 4.25%-4.50%, aligning with market expectations. The Fed's updated projections indicate fewer rate cuts in the coming years than previously anticipated, with rates now expected to be 3.6% in 2026. This hawkish revision is supported by a surprisingly strong June jobs report, which saw the creation of 147,000 nonfarm payrolls, far exceeding the forecast of 110,000. Following the robust employment data, the price of Bitcoin (BTC) experienced a modest dip to just under $109,000. The strong labor market signals that the Fed can remain patient before easing monetary policy, which led traders to significantly lower their odds for a July rate cut from 25% to just 5%, according to CME FedWatch data.

According to @rovercrc, the U.S. economy added 147,000 jobs in June, significantly surpassing the forecast of 110,000, while the unemployment rate fell to 4.1%, as reported by the Bureau of Labor Statistics. This strong economic data reinforces the Federal Reserve's patient stance on monetary policy, reducing trader expectations for an imminent interest rate cut. Consequently, the cryptocurrency market faced a selloff, with Bitcoin (BTC) dropping over 2.5% to below $105,900. The decline was more pronounced in altcoins, where Ether (ETH), Solana (SOL), and XRP experienced losses between 5% and 7%. The source also notes that heightened geopolitical tensions, including U.S. tariff threats and potential conflict in the Middle East, contributed to the negative sentiment for risk assets, even as U.S. stocks managed to close with modest gains.

According to The Kobeissi Letter, S&P 500 futures surged by as much as +40 points following a jobs report that was almost directly in-line with expectations. This reaction underscores the market's heightened emotional state and elevated levels of fear, suggesting that traders are reacting more to sentiment than to fundamental data. Such conditions may present unique trading opportunities for those who can navigate the market's emotional swings.

According to The Kobeissi Letter, S&P 500 futures surged by as much as +40 points following a jobs report that was almost directly in-line with expectations. This reaction highlights the market's increasingly emotional state, driven by elevated levels of fear, suggesting that even neutral news can trigger significant market movements.

According to @WhiteHouse, the job report figures dated January 12th, during Joe Biden's presidency, reflect economic conditions that could influence cryptocurrency trading. Market participants should consider these employment numbers as they may affect overall economic confidence and liquidity, thus impacting crypto market volatility. The connection between traditional economic indicators and cryptocurrency markets lies in investor sentiment and risk appetite, which can drive price movements. Source: @WhiteHouse.

According to The Kobeissi Letter, the December jobs report has been revised to show a significant increase with 307,000 jobs added, up from the previously reported 256,000. This marks the strongest jobs number since March 2024. This robust job growth could positively impact market sentiment, potentially influencing cryptocurrency markets as investors gain confidence in the economy's strength.

According to @KobeissiLetter, prediction markets are anticipating that 238,000 jobs were added to the US economy in January. Moreover, there's a 28% chance that the number of jobs added could exceed 300,000, which is considerably higher than Wall Street's forecasts. This could have significant implications for trading strategies, as a higher-than-expected jobs report may influence market volatility and investor sentiment.

According to The Kobeissi Letter, prediction markets suggest the addition of 238,000 jobs to the U.S. economy in January, with a 28% probability of exceeding 300,000 jobs. This forecast significantly surpasses Wall Street's expectations, indicating potential market volatility and trading opportunities based on employment data.