Federal Reserve Governor Christopher Waller has signaled his support for a 0.25 percentage point rate cut in December, citing concerns over the slowing labor market as key motivation. This move could lead to lower borrowing costs and potentially boost growth sectors like technology and digital currencies. While Waller emphasizes data showing labor slowdown as justification for his stance, he dismisses inflationary risks in his projections. The potential impact on cryptocurrencies, a sector often sensitive to economic shifts, remains significant. Historical analysis reveals a link between Fed rate cuts and increased risk appetite in markets, including cryptocurrencies during previous easing cycles.