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Bitcoin stabilized on Friday after climbing back above the $90,000<\/strong> level earlier this week, buoyed by growing expectations of an imminent interest-rate cut by the U.S. Federal Reserve and speculation over a potential leadership shift at the central bank.<\/p>\n\n\n\n By 01:32 ET (06:32 GMT), the world\u2019s largest cryptocurrency was trading largely flat at $91,202.9<\/strong>, having recovered strongly from last Friday\u2019s dip toward $80,000<\/strong> \u2014 its lowest level since April.<\/p>\n\n\n\n Bitcoin was on track for a weekly gain of nearly 8%<\/strong>, snapping a four-week losing streak as institutional inflows strengthened demand.<\/p>\n\n\n\n The coin\u2019s rebound has closely mirrored a sharp rise in market expectations for a 25-basis-point Fed cut<\/strong> at the December 9\u201310 meeting. Lower interest rates typically support \u201crisk assets\u201d like Bitcoin by improving liquidity conditions and encouraging capital to flow toward higher-return segments of the market.<\/p>\n\n\n\n Investor sentiment was further boosted by growing speculation that Kevin Hassett<\/strong>, a White House economic adviser seen as more dovish than current Fed leadership, could replace Jerome Powell when his term ends in 2026.<\/p>\n\n\n\n Hassett is widely viewed as supportive of more aggressive rate reductions<\/strong>, potentially paving the way for a looser monetary policy environment \u2014 something that markets see as positive for Bitcoin and other digital assets.<\/p>\n\n\n\n Despite the optimism, some investors remain wary. Most major altcoins mirrored Bitcoin\u2019s muted tone on Friday:<\/p>\n\n\n\n Among meme tokens, Dogecoin<\/strong> and $TRUMP<\/strong> each fell nearly 3%<\/strong>.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin stabilized on Friday after climbing back above the $90,000 level earlier this week, buoyed by growing expectations of an imminent interest-rate cut by the U.S. Federal Reserve and speculation over a potential leadership shift at the central bank. By 01:32 ET (06:32 GMT), the world\u2019s largest cryptocurrency was trading largely flat at $91,202.9, having …<\/p>\n","protected":false},"author":9,"featured_media":54500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-121257","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121257"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121257\/revisions"}],"predecessor-version":[{"id":121258,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121257\/revisions\/121258"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/54500"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Fed Rate-Cut Bets Surge, Powering Bitcoin\u2019s Recovery<\/strong><\/h3>\n\n\n\n
According to CME\u2019s FedWatch tool, the probability of a December cut has surged to 87%<\/strong>, up from 39%<\/strong> just one week earlier.<\/p>\n\n\n\nSpeculation Over New Fed Chair Adds to Bullish Tone<\/strong><\/h3>\n\n\n\n
Caution Lingers Amid Mixed U.S. Data<\/strong><\/h3>\n\n\n\n
Persistently sticky inflation and uneven U.S. economic indicators have raised questions about how aggressively the Fed can ease policy, leading to uncertainty over whether the current Bitcoin rebound marks the start of a lasting rally or just a short-lived bounce.<\/p>\n\n\n\nAltcoins Trade Mixed in Tight Ranges<\/strong><\/h3>\n\n\n\n
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