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CME FedWatch now implies better than 70% odds that the Federal Reserve will cut rates by 25 basis points at its Dec. 9-10 meeting, dropping the target range from 3.75%-4.00% to 3.50%-3.75%. That marks a dramatic intraday reversal on Nov. 21, when New York Fed President John Williams told reporters the Fed can still trim […] The post Rate cut odds spike to 70%: But are Bitcoin traders ready to buy? appeared first on CryptoSlate.

Crypto traders await today’s FOMC meeting with 98% odds on a rate cut, according to Polymarket. Bitcoin holds near $111K as markets brace for a decision that could reshape short-term sentiment across the crypto market. The post [LIVE] Crypto Price Tracker: Is the Fed’s 98% Likely October 29 Rate Cut the Catalyst Crypto Has Been Waiting For? appeared first on Cryptonews.