Polymarket puts December rate-cut odds at 87% as crypto stocks climb
PositiveCryptocurrency

- Polymarket has reported an 87% probability of a U.S. rate cut in December, coinciding with a rise in crypto stocks, particularly for companies like Cleanspark, Riot, Cipher, and Circle. This marks a significant shift in market sentiment as traders respond to economic indicators and predictions.
- The high odds of a rate cut suggest a potential easing of monetary policy, which could positively impact the cryptocurrency market by increasing liquidity and investor confidence, thereby benefiting companies in this sector.
- This development occurs against a backdrop of fluctuating market conditions, where some firms are facing downturns while others, like Polymarket, are gaining regulatory approval and showing resilience. The contrasting fortunes highlight the volatility and unpredictability of the cryptocurrency landscape.
— via World Pulse Now AI Editorial System




