Crypto Market Uncertain Amidst Weakening Investor Sentiment Over Potential December Rate Cut

Recent shifts in US monetary policy expectations are creating uncertainty across global markets, particularly the cryptocurrency sector. As investors await the Federal Reserve’s next move, market sentiment remains cautious, with the likelihood of a rate cut in December diminishing amidst ongoing economic concerns. 45.9% of investors now expect a rate cut this month, down significantly from previous expectations. This shift reflects the increasingly negative investor sentiment and the continued decline of crypto markets following the October interest rate cut.