Crypto Market Might Get a Boost After Fed’s Next Move – Thanks to Bad Jobs Data!

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It’s official: Kraken analysts are practically drooling over the idea that the Federal Reserve might soon decide to slash interest rates. Why? Because the latest US jobs report was such a dumpster fire that even the Fed can’t ignore it. Imagine, 26 years of history being rewritten in a single, awkward moment. 😬

The US labor market’s downturn is now so dramatic that even the Kraken team, who are no strangers to the wild waves of crypto, are taking notes. They point out that the revision to the jobs data is more extreme than what we saw during the 2008 financial crisis. Yes, you read that right – the job market is that much of a mess. 😱

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– Kraken Pro (@krakenpro) September 12, 2025

But here’s the kicker – Kraken’s strategists believe that the Fed might just put aside its usual obsession with inflation and focus instead on its “employment mandate.” Who knows? Maybe the three expected rate cuts will be enough to make investors feel like taking a risk again. 🙃

The Great Crypto Market Shift

Don’t look now, but there’s a rotation in institutional capital that’s giving Bitcoin a run for its money. Recently, we’ve seen a noticeable amount of funds flowing into Ether ETFs, while Bitcoin funds are quietly enduring minor outflows. 🙄

Could this be the sign of a broader digital asset revolution, beyond just the crypto king, Bitcoin? Possibly. The rise in interest on derivatives platforms tells the story too, with XRP 🚀 and Solana 🌞 seeing increasing volumes on the CME futures market.

XRP, in particular, broke the $1 billion mark in open interest, a true testament to institutional demand. And let’s not forget – this is all happening without a US spot ETF. 💸

To top it all off, Bitcoin’s volatility has plummeted to record lows. While that might sound like a yawn-fest for the casual observer, the reality is that it indicates a maturing market. Think less wild speculation and more sophisticated strategies, like covered calls. That’s what we call growing up in crypto terms. 🎓

So, will the Fed’s rate cuts unleash the Kraken? Probably. If you’re not already watching, you should be. The crypto market is gearing up for what could be a wild ride. 🍿

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2025-09-12 19:17