The probability of a 25 basis point interest rate cut at the December FOMC meeting has soared to nearly 85%, up from 77.7% just yesterday, according to CME FedWatch Tool data. This shift reflects growing investor confidence in the Federal Reserve’s pivot towards easing amid cooling inflation and resilient economic growth. Bitcoin hovers near $95K as total crypto market cap surges 5% to $3.2 trillion, driven by the prospect of cheaper capital flowing into high-yield assets. The recent surge in Fed rate cut odds is a clear signal that the crypto ecosystem is on the cusp of a potential rally, especially for Bitcoin, which has historically experienced substantial gains during such cycles. This increase is fueled by economic indicators like core inflation dropping to 2.6% and robust job growth. As market expectations shift towards easing, analysts highlight the potential for DeFi protocols to benefit from increased borrowing demand as rates fall. The future of crypto appears brighter with this positive signal from the Fed.