DeFiAlchemist
This wave of rate cut expectations for December is really getting people hyped.
Latest data shows that the market’s bet on a Fed rate cut in December has soared to 89%, up another 4 points from a few days ago. Why so confident? Just look at the recently released ADP employment data—it’s weak. The ISM services price index is also dropping, and the US Dollar Index has been hovering around 99 for almost five weeks. With multiple signals stacking up, the dollar really can’t hold up this time.
What does this mean for us in crypto? It’s a real, solid bullish signal.
What does a rate cut mean? Real i
View OriginalLatest data shows that the market’s bet on a Fed rate cut in December has soared to 89%, up another 4 points from a few days ago. Why so confident? Just look at the recently released ADP employment data—it’s weak. The ISM services price index is also dropping, and the US Dollar Index has been hovering around 99 for almost five weeks. With multiple signals stacking up, the dollar really can’t hold up this time.
What does this mean for us in crypto? It’s a real, solid bullish signal.
What does a rate cut mean? Real i

