Crypto Stocks Rally as Polymarket Rate-Cut Odds Jump to 87%

[cryptobro]

Crypto-linked equities climbed Friday after Polymarket prediction data showed an 87% chance of a December Federal Reserve rate cut — the highest figure this month.
Bitcoin miners led the surge, with Cleanspark, Riot Platforms, and Cipher Mining all posting session gains and notching double-digit growth over the past five days.
USDC issuer Circle jumped nearly 10% in early trading, while Coinbase and MicroStrategy saw more modest upticks.
Bitcoin itself climbed roughly 7% on the week after rebounding from an $82,000 dip earlier in November.

[Nahid Hossen]

A rate-cut probability this high is pure fuel for risk-on assets.

[Abdul Khan]

Market confidence is returning faster than expected.