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Markets Lean Into December – But Still Not Convinced

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Markets Lean Into December – But Still Not Convinced

A pivotal run of US data is finally landing, and the rates market now assigns roughly a 50% chance of a Fed cut in December. That shift alone is shaping how digital assets set up for the week.

The key dynamic: crypto no longer needs to front-run Wednesday’s FOMC minutes, since the market has already repriced toward a balanced, coin-flip probability. Instead, positioning looks tethered to Thursday’s delayed September jobs report.

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