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 suggesting a potential easing of monetary policy.
- The high odds of a rate cut are crucial for investors and companies in the cryptocurrency sector, as lower interest rates could enhance liquidity and stimulate investment in digital assets, potentially boosting stock prices and market confidence.
- This development occurs against a backdrop of volatility in the cryptocurrency market, where major players have faced downturns, and investment strategies are shifting. The contrasting fortunes of companies like ARK Invest, which recently invested in Bullish amid a market rout, highlight the ongoing challenges and opportunities within the crypto landscape.
— via World Pulse Now AI Editorial System




