Bitcoiners perk up as odds of a December Fed rate cut almost double
Some Bitcoiners are speculating that the significant surge in the odds of a Fed rate cut in December may lead to Bitcoin finding a price “bottom here for now.”
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Some Bitcoiners are speculating that the significant surge in the odds of a Fed rate cut in December may lead to Bitcoin finding a price “bottom here for now.”
Why this matters
This cryptocurrency 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 Raises Its Preferred Buyback Cap to $3 Billion After Another $193 Million STRC Week
Strategy’s board approved a $1 billion increase to the company’s preferred stock buyback program, bringing the total it can spend...
Falcon Finance leads weekly stablecoin growth with $64.6M jump
Falcon Finance's significant stablecoin growth highlights its competitive edge and potential influence on the broader crypto marke...
Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million
Bitcoin Magazine Strategy Keeps Buying: Third Purchase This Month Brings October Spending to $73 Million The largest corporate hol...
European Banking Authority Puts USDC Under Significant-Token Supervision
The European Banking Authority has designated USDC as the EU’s first significant e-money token under MiCA, setting up an additiona...
Multicoin Capital skips the AI gold rush and doubles down on crypto
Multicoin Capital's focus on crypto over AI highlights a strategic bet on specialization, potentially influencing venture capital...
Stablecoin Growth Cooled as Deposit Rates Rose, With USDC Most Exposed, Working Paper Says
When U.S. banks paid savers more, stablecoins grew more slowly, according to a Bank for International Settlements working paper pu...