11:18
Three Altcoins Worth Watching Before the Fed's December Meeting: FARTCOIN, BCH, and 2Z May See Positive Developments
At the upcoming December 10 FOMC meeting of the Federal Reserve, the market widely expects a 25 basis point rate cut, adjusting the interest rate range to 3.50%—3.75%. The current probability of a rate cut is as high as 87.2%. If the rate cut proceeds as expected, risk assets may be boosted, and the crypto market could see a short-term rebound. However, if there is a hawkish surprise, it could suppress capital inflows, especially given that Bitcoin has fallen 20% over the past 90 days.
Driven by policy expectations, market analysis highlights three altcoins that could benefit from the rate cut: FARTCOIN, Bitcoin Cash (BCH), and Double Zero (2Z).
- 1
- 2
