Crypto Bulls Cheer as Fed Pivot Hopes Rise and Quantitative Tightening Nears Its End

Prediction markets are pricing in a 98% chance that the Federal Reserve (Fed) will deliver a 25 basis point rate cut at its late October meeting. Meanwhile, there is also speculation that the central bank may also soon signal an end to quantitative tightening (QT). Crypto traders are watching closely, drawing comparisons to the 2019 liquidity surge that boosted Bitcoin and sparked hopes for another strong rally in November. Prediction Markets and Macro Signals Point Dovish The upcoming Federal Open Market Committee (FOMC) meeting is highly anticipated in traditional and digital asset markets source: https://beincrypto.com/fed-rate-cut-crypto-november/