Odds of December Fed rate cut plunge to 33% as BTC falls below $89K
At the beginning of November, the odds of a December rate cut were 67% among traders, but they have since cratered alongside investor sentiment.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
At the beginning of November, the odds of a December rate cut were 67% among traders, but they have since cratered alongside investor sentiment.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Strategy (MSTR) Adds 1,036 Bitcoin for $81.9 Million as Holdings Slip Below Cost
Bitcoin Magazine Strategy (MSTR) Adds 1,036 Bitcoin for $81.9 Million as Holdings Slip Below Cost Strategy bought another 1,036 bi...
PNC Bank Lets Corporate Clients Accept USDC Payments in New Coinbase-Powered Pilot
PNC Bank has opened a pilot that lets eligible clients of its Corporate and Institutional Banking unit get paid in USDC, a stablec...
Bitcoin (BTC) Price Today: Glassnode Flags Rising Hyperliquid Whale Shorts as BTC Breaks Below 50-Week MA
On-chain data from Glassnode shows a significant shift in whale positioning, adding to an increasingly cautious technical outlook....
Coinbase Wallet Builds a Web ‘Terminal’ for Active Traders, Eyes AI Agents by Year’s End
Coinbase Wallet is building Coinbase Terminal, a new product for advanced traders, and aims to bring AI agent features to the wall...
Polymarket Expands Chainlink-Powered 15-Minute Markets to Gold and Silver
TL;DR: Polymarket and Chainlink announced an expansion of their oracle partnership on October 29, bringing high-speed up/down pred...
TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress
Bitcoin Magazine TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress Banks will try again to...