Daily Cryptocurrency Market Report – December 8, 2025
$90,084.70
0.73%
Industry Update
Core PCE In line with expectations, reinforcing rate cut expectations
Summary
Macro Environment: The US core PCE index rose 2.8% year-over-year in September, in line with expectations. The University of Michigan's inflation expectations index fell to its lowest level this year. This data reinforced expectations of an interest rate cut at this week's Federal Open Market Committee meeting, with the FedWatch Index showing an 86.2% probability of a 25 basis point cut in December. US stocks rose across all three major indexes, with the S&P 500 once again approaching its all-time highs.
Cryptocurrency Market: Total market capitalization declined over the weekend amid limited trading. Bitcoin dipped below $88,000 before rebounding, with a slight increase in its dominance. Altcoins declined broadly as trading volume decreased. Ahead of this week's Federal Reserve meeting, uncertainty has mounted and market sentiment has slipped into "extreme fear" territory.
Project Developments:
