Kevin O’Leary Predicts No Rate Cut in December, Doubts Impact on Bitcoin

Despite market expectations of a potential Federal Reserve rate cut this December, prominent investor Kevin O’Leary has cast doubt on the likelihood of such action and its effect on Bitcoin. While many traders see a rate cut as bullish, O’Leary suggests that macroeconomic factors like inflation and employment mandates will deter the Fed from easing monetary policy. He believes this uncertainty in rates could limit market volatility.