In accordance with CoinEdition, Bitcoin and XRP have stabilized as Wall Street now prices in an 85% chance of a 25-basis-point Federal Reserve rate cut during its December 9-10 meeting. The shift is attributed to delayed economic data due to the 43-day U.S. government shutdown, with key reports like the September jobs data showing only 119,000 payroll gains. Both JP Morgan and Goldman Sachs have forecast the cut, with traders reacting by pushing the CME FedWatch tool to reflect the high probability. Bitcoin is currently holding at around $90K, while XRP is showing signs of a potential breakout amid hopes of a pro-crypto Fed regime under Kevin Hassett in 2026.
Bitcoin and XRP Stabilize Amid 85% Chance of Fed Rate Cut in December
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