Market rallied during U.S. trading hours. As of now, $BTC is trading at $92,693 and $ETH at $3,318. Bitcoin dominance stands at 59.06%.
The Fed is poised to deliver 25 bps cut at the December FOMC, even as the committee remains sharply split between those worried about labor-market weakness and those warning further easing could reignite inflation. FedWatch prices an 88% chance of a cut, but the tone is expected to be a “hawkish cut,” with Powell likely signaling that the bar for additional reductions has risen.
A few headlines include: SEC Chair Paul Atkins said many types of ICOs should not be considered securities; Octra will hold a $20 million public token sale on Sonar at a $200 million valuation; and Bitcoin Treasury XXI shares sank 20% in their NYSE debut.
During the last 24 hours, the top three gainers were $WIF, $SAD, and $LUNC, while the top three losers were $NIGHT, $STABLE, and $HASH.
