Public trading strategy
Weak jobs report kills rate hike fears — crypto relief rally on Bitcoin and Sola
Thesis
The June jobs report showed a sharp slowdown, which tells the market the Fed likely won't raise interest rates. According to CoinDesk, Fed Chair Warsh had already noted inflation risks were easing, and this weak hiring data confirms that view. Earlier in the week, capital was fleeing crypto for the booming tech sector, with BlackRock's Bitcoin ETF shedding $300 million in outflows. But now, the combination of a dovish Fed and the removal of rate-hike fears creates a perfect macro tailwind for digital assets, setting up a relief rally for Bitcoin and altcoins like Solana.
Strategy approach
Build a rule-based strategy that enters long BTC-USD on D1 when the US Non-Farm Payroll report misses expectations by >100k, with a 14-day max hold and a 6% trailing stop.