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The Fed could lower rates in December: what does it mean for crypto?

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According to the CME FedWatch tracker, there is nearly a 2 in 3 chance (67.3%) that the Federal Reserve will cut rates by 25 basis points this December. There is only a 32.7% chance of maintaining the status quo.

Why it matters: A rate cut typically pushes capital toward risk assets like Bitcoin and altcoins, seeking higher returns. Meanwhile, maintaining high rates favors a strong dollar and puts pressure on crypto.

The currency: The upcoming inflation and employment data will be key to confirming this trend. Stay tuned.

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