The crypto market has regained its green hue as BTC surpassed the $90,000 mark, ETH returned to around $3,000, and most altcoins have simultaneously recovered. The total market capitalization increased by 2.7% to $3.17 trillion.

Market sentiment improved after the probability of the Fed cutting interest rates in December surged to 85% (CME), thanks to the Beige Book report showing a slight decrease in labor demand and moderate inflation.

Additionally, the U.S. has finalized the timing for implementing new regulations to reduce eSLR requirements for G-SIB banks, effective from 1/4/2026. This easing is seen as a positive factor for the market, allowing banks to decrease mandatory reserves and free up additional capital for reinvestment.