đšă$ETH $BNB $BTC â Tonight Could Decide the Next Big Crypto Moveă
If you felt the market trembling last night⊠that wasnât imagination. The newly released Fed minutes show something we rarely see, complete division, no clear plan, no clear direction, high tension and when TradFi loses clarity â crypto always reacts first.
đ„ 1. The October meeting minutes revealed a full internal split
âą âCut Ratesâ faction: several officials want a 25bp cut in December if data matches expectations
âą âWait-and-Seeâ faction: many officials want to hold steady (and yesââmanyâ > âseveralâ in Fed language)
âą âRadicalâ faction: one group pushed for a big 50bp cut, while another said âno cuts at allâ
This is the most divided the Fed has been all year.
â ïž 2. A 44-day data blackout = Because of the long government shutdown, key data vanished
âą No October employment data
âą September jobs report delayed 1.5 months
âą No official GDP data update
âą No full inflation dataset
The Fed is making decisions in a fog and markets hate uncertainty.
đ 3. Rate-cut expectations collapsed instantly
After the minutes dropped
âą December rate-cut probability fell from 50% â below 30%
âą âHold steadyâ expectations surged to nearly 70%
âą Swap market pricing shrank from 11bps â 6bps
This is why markets reacted with hesitation â and crypto followed.
⥠4. Labour market flashing warnings
âą Only 17,000 new jobs in September (vs. 50,000 expected)
âą Continuing unemployment claims surged by 40,000
âą Corporate layoff announcements rising rapidly
Weak labour â weak growth â higher volatility.
đŻ 5. Tonightâs data release = potential market breaker
The delayed September non-farm payrolls finally drop tonight:
âą Expected new jobs: 50,000
âą Unemployment: 4.3% expected
This is the only fresh data the market has before the next Fed meeting.
If it misses expectations â shock.
If it beats â relief rally.
Either way â crypto will move faster than stocks.


