As per Captainaltcoin, CME FedWatch data shows the market odds for a December Federal Reserve rate cut have surged to 85%, pushing Bitcoin above $90,000 and Ethereum past $3,000. The crypto market cap increased by $50 billion overnight, with DeFi, Layer 1, memes, and CeFi sectors all seeing gains. Traders are now focusing on presale opportunities, with BlockDAG and DeepSnitch AI highlighted as potential 1000x plays. BlockDAG’s presale has raised $437 million at $0.0078, while DeepSnitch AI’s presale has reached $622,000 at $0.02527 and is set to launch on January 31. NEAR Protocol is also under scrutiny, with price targets ranging from $6 to $15 by 2026.
Fed Rate Cut Odds Rise to 85% as Crypto Markets Surge and BlockDAG Price Predictions Heat Up
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