Uncertainty of Federal Reserve Interest Rate Cut in December

Federal Reserve Rate Cut Probability Declines

The probability of a potential rate cut by the Federal Reserve in December has decreased to around 52%, indicating increasing uncertainty among investors. This situation is being closely monitored in the markets.

A expected 25 basis point cut in the interest rate would bring the reference interest rate range down to 3.5% - 3.75%. However, the reduction in the expected hike could limit the gains in Bitcoin and other cryptocurrencies.