Crypto Faces Crucial September Test on Jobs Data and Fed Rate Decision
The crypto market is bracing for potential volatility in September, particularly on the 15th, when key jobs data and the FOMC meeting are set to take place.
With a 7-5 Fed decision favoring dovish rate policy currently priced in by markets at around 60%, investors are divided over whether this scenario will play out or if rate hikes will be implemented instead.
The uncertainty is compounded by the CLARITY Act vote, which could add another layer of unpredictability to an already tense situation.