$BTC $ETH $ETH
The cryptocurrency market has seen a noticeable recovery over the weekend, driven by increasing expectations in global financial markets regarding an imminent interest rate cut by the U.S. Federal Reserve (Fed) in its upcoming meeting in December.
📈 Key points and their impact on the market
Bitcoin recovery #BTC : The value of Bitcoin has risen again to exceed the $91,000 level after a sharp decline last week, recording positive weekly gains.
The likelihood of the Fed cutting interest rates by 25 basis points has increased to around 87%, representing a significant shift in expectations.
Historically, low interest rates tend to make high-risk assets (such as Bitcoin and cryptocurrencies) more attractive to investors as borrowing costs decrease and liquidity flows toward more growing markets.
Fear and Greed Index: Investor sentiment has improved, as the Fear and Greed Index for cryptocurrencies has risen despite remaining within the extreme fear range.
