Core Insights - Major cryptocurrencies, including Bitcoin, are experiencing significant price surges ahead of the Federal Reserve's anticipated interest rate cut, leading to a liquidation of short positions [1][5][6] Price Movements - Bitcoin is trading above $94,400, marking its highest price since mid-November, with a 5% increase in the last 24 hours and a 4% rise over the week [2] - Ethereum has seen an 8% daily increase, reaching $3,359, resulting in a weekly gain of over 16%, the largest among the top 10 cryptocurrencies [3] - Other altcoins like XRP, Solana, and Dogecoin have also recorded daily increases of approximately 5%, 6%, and 6% respectively [3] Liquidation Events - Over $376 million in positions have been liquidated in the last day, with shorts accounting for $297 million of this total [5] - Bitcoin positions impacted by liquidations amount to about $153 million, while Ethereum accounts for $110 million [5] - The current liquidation trend is unusual as it primarily affects short positions, contrasting with previous months where long positions were more frequently liquidated [4] Market Sentiment - Traders are optimistic about Bitcoin reaching $100,000 before falling to $69,000, with an 80% probability assigned to this outcome [7] - The upcoming Federal Open Markets Committee meeting is expected to result in a 25 basis points rate cut, which typically benefits risk assets like cryptocurrencies [5][6]

The S&P 500 Index ($SPX) (SPY) today is up by +0.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is up by +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.22%.  December E-mini S&P futures (ESZ25) are up +0.03%, and December E-mini Nasdaq futures (NQZ25) are down -0.19%. Stock indexes are modestly lower ahead of the start of the 2-day FOMC meeting today.  The market remains cautious about the pace of Fed easing beyond Wednesday’s decision, when the Fed is expected to cut interest rates by 2 ...

Core Viewpoint - The Federal Reserve is expected to announce a 0.25% rate cut during its final meeting of the year, with a 90% probability indicated by CME Group data [1][6]. Group 1: Federal Reserve Meeting Expectations - The Fed's final monetary policy decision will be announced on December 10, 2025, with expectations of a third rate cut this year [1]. - The Fed will also release its Summary of Economic Projections (SEP) for 2025, which includes forecasts on economic growth, inflation, and interest rates [2]. - Investors are particularly interested in any changes to the Fed's outlook for 2026, which previously indicated only one rate cut in that year following three in 2025 [2]. Group 2: Market Reactions and Trends - Stock market reactions were muted at the market open, with the Nasdaq Composite down 0.3%, the S&P 500 flat, and the Dow Jones Industrial Average up 0.2% [4]. - Treasury yields remained steady as investors awaited the Fed's policy decision, with the 10-year yield falling to 4.14% and the 30-year yield declining to 4.78% [5]. Group 3: Divergence Among Fed Officials - There is growing concern about potential dissent among Fed officials, as two members voted against the previous rate cut in October [3][11]. - At least three regional Fed presidents have expressed skepticism about the necessity of a rate cut this week, indicating possible dissent in the upcoming decision [10][12].

The Federal Reserve is expected to cut interest rates by 0.25% this week, but analysts say don’t expect Bitcoin to skyrocket right after the Federal Open Market Committee’s meeting. Why? Because traders have already priced in the cut, leaving analysts to expect the price to keep trembling around $90,000. For now. “Following the FOMC meeting, I expect Bitcoin to hover around this level without a decisive break,” Aurelie Barthere, Nansen’s principal research analyst, told DL News. “All eyes are on Bitcoin’ ...

Market Overview - U.S. stock futures are largely flat with S&P 500 up by 0.02%, Dow unchanged, Nasdaq down by 0.03%, and Russell 2000 down by 0.17% [3] Federal Reserve Meeting - The Federal Reserve is commencing a two-day FOMC meeting, expected to result in a quarter-point rate cut to conclude 2025 [2] Earnings Reports - Notable earnings reports today include BHP Group, AutoZone, and Ferguson Enterprises, all with market capitalizations of at least $1 billion [3] Economic Data - The Job Openings and Labor Turnover Survey (JOLTs) data for September and October will be released, providing insights for policymakers ahead of interest rate decisions [4] - Additional economic indicators to be released include the NFIB Business Optimism Index for November, ADP Employment data, and Redbook data [5]

Core Viewpoint - The Federal Reserve's upcoming decision on interest rates will significantly impact consumer prices, the job market, and corporate America, with a 90% chance of a quarter-point cut predicted by CME FedWatch [1]. Economic Data and Labor Market - The Federal Open Market Committee's decision is complicated by a recent government shutdown that disrupted key economic data releases, leaving the Fed without a complete picture of the U.S. economy [2][3]. - Key job and price data are delayed, including the October consumer price index and unemployment rate, which will not be available before the December meeting [3][4]. - The delayed September jobs report indicated more job additions than expected, but the increase in unemployment suggests ongoing concerns about the labor market [5][6]. Federal Reserve's Strategy - Economists expect the Fed to cut rates again but may adopt a wait-and-see approach afterward to assess economic developments [7]. - Some Fed members advocate for larger and more consistent rate cuts, indicating potential shifts in monetary strategy in 2026 as leadership changes [8]. Impact on Consumers and Businesses - A third consecutive rate cut could lower costs for major purchases, such as mortgages and auto loans, while also making credit card payments cheaper [9][10]. - Sustained rate cuts could enhance the job market by facilitating business borrowing and investment, potentially leading to increased consumer spending [12].

Market Overview - Bitcoin experienced a decline of 0.98%, trading at $90,264.02, while Ethereum rose by 0.27% to $3,112.05 [2] - The global cryptocurrency market capitalization increased by 0.93% to $3.09 trillion [7] Trading Activity - Bitcoin's trading volume surged by 15% over the last 24 hours, with an intraday low of $89,644 reached [3] - Cryptocurrency liquidations totaled $200 million in the last 24 hours, with over $100 million in bearish short positions eliminated [5] - Bitcoin's open interest fell by 0.29% in the last 24 hours, with over 70% of Binance's top traders positioned long on BTC [6] Stock Performance - Shares of cryptocurrency-related companies such as Strategy Inc. and Coinbase Global Inc. closed up by 2.63% and 1.66%, respectively [4] Analyst Insights - Analyst Michaël van de Poppe identified $92,000 as a crucial level for Bitcoin, predicting potential corrections if the Federal Reserve adopts a hawkish stance [10] - Lacie Zhang from Bitget Wallet anticipates moderate downward pressure on Bitcoin and Ethereum, expecting BTC to recover towards $95,000–$100,000 and ETH to retest $3,800 as market conditions stabilize [11]

Core Viewpoint - Mortgage rates are increasing significantly despite expectations that the Federal Reserve will lower interest rates later this week [1] Group 1 - The rise in mortgage rates is occurring in a context where the Federal Reserve is anticipated to implement interest rate cuts [1]

US stocks fell on Monday as Wall Street awaited the Federal Reserve's final policy meeting of the year, while the deal drama between Netflix (NFLX) and Warner Bros. Discovery (WBD) escalated to a new level. The Dow Jones Industrial Average (^DJI) dropped 0.5%, while the S&P 500 (^GSPC) fell 0.4%. The tech-heavy Nasdaq Composite (^IXIC) declined by 0.1%. The laggard start to the trading week comes on the heels of closing gains for stocks on Friday. Markets are on the lookout for risks to almost-total con ...

Tom Lee has had a front row seat to more than a fair share of stock market pops and drops. Lee, a veteran Wall Street analyst who has tracked the stock market since the 1990s, is the founder of Fundstrat, a respected equity research firm that advises money managers and high-net worth investors. His extensive stock market experience means he has navigated the internet boom and bust, the Great Recession, the Covid pandemic, and 2022's bear market. Those experiences taught him valuable investing insights abo ...