Another week, another shift in tone: Traders in traditional markets are once again betting that the Federal Reserve could soon pivot to a softer stance on monetary policy. But a strong U.S. jobs report on Friday from the Labor Department could give policymakers a reason to not back off. Bitcoin (BTC), which often trades like a risky asset, similar to stocks, might remain under pressure If that were the case. Futures traders on the Chicago Mercantile Exchange now expect the federal funds rate to peak at 4.5% next year; just a week ago the expectation was for the rate to go as high as 4.7%. The change suggests that ... (full story)