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Bitcoin (BTC) Macro News: December Fed Rate Cut Bets Hang in Balance

The likelihood of a Federal Reserve rate cut in December has dropped to around 52%, reflecting rising uncertainty among investors ahead of the December 10 meeting. This reduced probability, down from 95% a month ago, suggests that a potential 25 basis point cut, which would adjust the benchmark interest rate range to 3.5%-3.75%, is less likely than previously anticipated. The diminished odds of a rate cut might limit potential gains in Bitcoin (BTC) and other cryptocurrencies. As of now, Bitcoin is trading near $103,000, with minimal change from the previous day. This uncertainty in monetary policy could contribute to continued pressure on crypto prices as traders seek more clarity in market conditions.

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XLM Tumbles Below Key $0.285 Support as Bears Take Over

Stellar (XLM) has faced significant selling pressure, dropping from $0.289 to $0.281, thereby breaching its crucial support level at $0.285. This decline occurred amid increased trading volume, peaking at 76.24 million tokens, which was 115% above the average for the past 24 hours. The token'

XLM Tumbles Below Key $0.285 Support as Bears Take Over

Stellar (XLM) has recently experienced a significant decline, falling 1.2% below the key support level of $0.285 to hit $0.281 amid increased selling pressure. This downturn occurred during a trading session where XLM retreated from $0.289, breaking through the critical support level due to heightened institutional

XLM Tumbles Below Key $0.285 Support as Bears Take Over

Stellar (XLM) experienced a significant decline, falling to $0.281 and breaking below the crucial $0.285 support level due to intensified selling pressure during trading. This drop was accompanied by a notable increase in trading volume, peaking at 76.24 million tokens, marking a 115% surge above the 24-hour