COIN and HOOD Stock Prediction After Strong US Jobs Data Boost Fed Rate Hike Odds

COIN and HOOD Stock entered Friday under pressure after employment data revived expectations for a Federal Reserve rate increase. Coinbase price fell 4.21% to $184.59, while Robinhood declined 1.17% to $123.26 during afternoon trading.

The losses followed Thursday’s crypto-linked rally, showing how quickly tighter-policy concerns can reverse risk appetite. 

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US Jobs Data Raises September Rate Hike Risk

The US economy added 162,000 jobs in August, beating forecasts near 55,000 by a wide margin. Unemployment remained at 4.1%, matching expectations and holding near its lowest level in 14 months.

The report suggested employers still see enough demand to expand, despite elevated borrowing costs and uncertain growth. Traders sharply raised the estimated probability of a September rate increase to about 60%, according to CME FedWatch.

However, a hike is not confirmed, because officials will receive more inflation evidence before making their decision. August producer prices arrive September 10, followed by consumer inflation data on September 11.

Higher oil costs could keep headline inflation elevated, although their effect will depend on duration and broader price transmission. The Federal Open Market Committee meets September 15–16, with its decision and updated projections due September 16.

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Bitcoin, Ethereum, XRP and CLARITY Act Shape Sentiment

Bitcoin price traded near $79,558, falling 1.81% after sellers defended the area around $82,000. Ethereum dropped 2.16% to $2,448, while XRP declined 3.90% to $1.40.

Higher interest rates can pressure cryptocurrencies because they raise yields on safer assets and reduce speculative demand. Still, resilient trading volumes may help Coinbase and Robinhood if volatility increases, even when token prices decline.

Regulation also remains a major catalyst for both stocks. The Senate is expected to hold a CLARITY Act cloture vote September 15. 64 votes are required to limit debate and advance the legislation toward a final floor vote.

Passage could establish clearer federal oversight for digital assets, potentially supporting exchange listings, products, and institutional participation. Failure would prolong regulatory uncertainty and could weaken enthusiasm surrounding US crypto platforms.

COIN and HOOD Stock Prediction: Key Levels to Watch

COIN stock must hold $183.07, Friday’s intraday low, to prevent a deeper retreat toward nearby psychological support at $180. A recovery above $191.57 could reopen $192.70, the previous close, followed by the $200 psychological barrier.

HOOD stock has immediate support around $118.35, while $124.81 represents Friday’s first resistance level. A decisive move above $124.81 could restore bullish momentum, while losing $118.35 may invite further selling.