The probability of a Federal Reserve rate cut in December has fallen to 29.8%, driven by delayed jobs data and ongoing macroeconomic uncertainty. This shift reflects market concerns over the economic outlook and potential policy responses. In related news, Cathie Wood's Ark Invest has capitalized on market volatility by investing $39.6 million in crypto-related stocks, including Circle and BitMine. This move underscores Ark's continued confidence in the cryptocurrency sector despite recent market fluctuations. Additionally, Mike Selig, nominated by Trump for the CFTC, has expressed his commitment to establishing a clear regulatory framework for the U.S. crypto industry. His nomination signals potential regulatory advancements in the sector.