🌍 Major Macro Events Moving the Market
1. Fed Expectations Flip—Rate Cut Odds Spike
December rate-cut probability jumped from 27% to 70%+ after dovish FOMC commentary (e.g., Chicago Fed’s Goolsbee).
While supportive, it wasn’t enough to stop aggressive selling as liquidity remains thin.
2. Weak U.S. & Global Data
U.S. job cuts hit a 22-year October high, with 17,375 AI-driven layoffs in 9 months.
China fixed-asset investment fell 1.7%—worst since COVID—signaling global slowdown.
3. Policy/Geopolitical Stress
Trump moves to shut down USAID → concerns over support for global allies.
Ray Dalio warns markets resemble 80% of the 1929/2000 bubble setup, with rising rates + debt + liquidity stress forming a dangerous mix.
4. USD Weakness & Trade Uncertainty
USD weakened against major FX pairs.
Bianco Research says BTC has “dense overhead supply”, limiting vertical recoveries.
#BTCVolatility #USJobsData #MacroEvents #USDWeakness
