The Federal Reserve of the United States may cut interest rates by 25 basis points in December, as the latest PCE index is below expectations. Speculators believe that the cut will boost the prices of crypto assets. The market is closely watching Powell's speech to confirm the direction of the central bank's policy. Meanwhile, the trade conflict between China and the United States and the volatility in the crypto market continue, with BTC having fallen to $80,000. A rate cut is expected to provide a boost by the end of the year.