The US Federal Reserve has postponed interest rate cuts to September due to stronger-than-expected jobs data, causing concerns among investors in the stock and crypto markets. The Fed swap now suggests that rate cuts in June and July are unlikely, and the market expects a cut to happen in September. This announcement aligns with previous reports from CoinGape.

Following the release of a robust jobs report by the U.S. Bureau of Labor Statistics, investors are now pricing in a potential rate cut in September instead of July. The Federal Reserve is expected to wait for inflation to decrease further, as data from various indicators like CPI, PPI, and PCE show higher inflation rates in the latest report.

The US economy added 303K new jobs in March, the highest in ten months, with the unemployment rate dropping slightly to 3.8%. This stronger job market performance has given the Fed more leeway to hold off on rate cuts for the time being. As a result, the US stock market saw gains, with the S&P 500, Dow Jones, and Nasdaq all edging higher. However, Bitcoin briefly dipped below $66,000 after the positive job report.

The US dollar index rose above 104.60 following the stronger labor market data, while Treasury yields also increased. Federal Reserve officials have emphasized the need for more evidence of inflation stabilizing before considering any rate adjustments. The CME FedWatch Tool suggests a high probability of rate cuts in June and July, with an overall decrease of 50 bps expected in September.

In the crypto market, nearly $300 million in liquidations occurred in the last 24 hours, with shorts liquidations followed by buying activity. The largest liquidation order of $6 million took place on the OKX exchange. With Bitcoin and Ethereum prices fluctuating, options traders are pushing bets to keep prices above certain levels, driving the market's movement.