Coinbase Institutional forecasts a potential recovery in the cryptocurrency market this December, driven by improved liquidity and macroeconomic factors. The firm highlights a 92% probability of a Federal Reserve rate cut as of December 4, which could bolster market conditions. Additionally, the ongoing 'AI bubble' is expected to maintain its upward trajectory, while shorting the dollar is considered attractive at current levels. These factors suggest a possible momentum shift for the crypto market this month.
Coinbase Institutional Anticipates Crypto Market Rebound in December
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
