Fed Decision Looms as Job Market Weakens: Will Bitcoin Get Its Year-End Lift?

[etfs]

Fed target rate probabilities for Dec. 10 FOMC meeting (screenshot). Source: CME Group FedWatch Tool

All eyes are on Wednesday’s FOMC meeting, where markets overwhelmingly expect a 0.25% rate cut. Weakening U.S. labor data adds pressure on the Fed, though higher inflation complicates the pivot.
Macro analysts say a cut could deliver a strong tailwind for stocks—and potentially crypto—heading into year-end. But skeptics caution that Powell’s messaging may carry more weight than the rate move itself.

[Abdul Khan]

Macro uncertainty building; Fed decision could spark volatility.

[Rimon Khan]

Weak job data might give BTC the lift it needs.