According to ChainThink, Coinbase Institutional posted on X that despite ongoing volatility, the crypto market may see a recovery in December due to improved liquidity, a 92% probability of a Federal Reserve rate cut (as of December 4), and increasing macroeconomic positives. The so-called 'AI bubble' remains intact with further upside potential, and shorting the dollar at current levels is seen as attractive, suggesting a market reversal in December could mark a new momentum shift for the crypto market.
Coinbase Institutional Predicts Crypto Market Reversal in December
ChainthinkShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.