📢 Crypto News Today — Markets Rebound as Rate-Cut Odds Surge to 85%
Crypto market has shown strength this week as December Federal Reserve rate cut expectations increased from 30% to 85%. This shift has supported global risk assets and Bitcoin has moved back above $90,000. The S&P 500 also recovered by 2.8%. Altcoins showed a bounce, but market breadth is still weak as 79 tokens out of the top 100 are more than 50% below their all-time highs. This indicates that the cycle is still narrow and liquidity is primarily flowing into BTC and major caps.
Market Overview
This week, U.S. Treasury yields fell, the dollar index (DXY) softened, and risk assets showed a relief rally. Due to Thanksgiving week, volume and volatility remained low, resulting in controlled market moves. The December Fed meeting and the announcement of a new Federal Reserve Chair are now key catalysts for the market. The labor market is softening, so traders are aggressively pricing in rate cuts.
1. Digital Assets — Rally Narrow Yet Resilient
The crypto market has shown a recovery with major coins gaining 5%+. BTC and some large caps are still in negative territory for the year while BNB and XRP have underperformed. The market picture is fragile as 79 of the top 100 coins are still in a crash position of more than 50%. Majors are attracting liquidity while long-tail altcoins are weak and illiquid.
Altcoin ETFs — Market's Bright Spot
New altcoin spot ETFs including SOL, XRP, LTC, and DOGE are attracting stable inflows. Total inflows have reached over $1.3B and are awaiting ETF approvals. Demand for the ETH ETF cycle is slowly building, which could be a bullish catalyst for 2026.
