🔥The market has split to the extreme! The probability of the Federal Reserve lowering interest rates in December has soared to 90%, yet Bitcoin faces an 8% plunge, once sliding towards the $84000 range——what happened to the promised benefits of rate cuts?
Forecasting platform Polymarket shows that traders are betting wildly on a 25 basis point rate cut in December, with a 90% probability firmly in place, and only 10% believe there will be no action. However, the price of cryptocurrencies has plummeted, with the opinions of major players directly opposing each other:
Elon Musk once again supports $BTC, claiming it is a "hard currency based on energy," with its inability to be printed at will being its core value; while analyst Willy Woo pours cold water on this: don't be naive in believing that printing money will push prices up, models indicate that BTC may have already peaked, and capital inflow is slowing down.
Even more explosive is the personnel change at the Federal Reserve! Trump has basically finalized it, with loyal confidant and White House economic advisor Kevin Hassett taking over from Powell, who will step down next May. This hawkish figure, who has repeatedly criticized the Federal Reserve for "not cutting rates quickly enough" alongside Trump, may lead to a drastic shift in central bank policy once in office.
Institutional debates have also heated up:
▪ Grayscale directly denies the "four-year cycle" theory, stating in its report that this bull market is driven by institutional funds like ETPs, and the recent correction is normal, with BTC still expected to hit new highs next year, and the Federal Reserve's December rate cut likely to happen;
▪ BlackRock executives, on the other hand, look to the long term: tokenization will reshape global finance at internet speed, with all assets managed through digital wallets in the future.
Summary: The wild celebration of rate cut expectations and the short-term crash in cryptocurrency prices create a bizarre contrast, with bulls and bears fiercely clashing, the Federal Reserve is about to welcome a "Trump faction" leader, while institutions debate whether the cycle has failed, they also plan for a future of "tokenization of everything." The volatility has just begun, buckle up!
$BTC $ETH $ZEC #TheFederalReserveResumesRateCutSteps


