Crypto Eyes Relief Rally as December Fed Rate Cut Odds Surge to 71%

Markets are now pricing in a strong chance that the Federal Reserve will cut interest rates at its December meeting. According to the CME FedWatch Tool, the probability of a 25 basis point rate cut has jumped to 71%, up from 30-40% earlier this week. This shift comes after the recent comments from New York … source: https://coinpedia.org/news/crypto-eyes-relief-rally-as-december-fed-rate-cut-odds-surge-to-71/