Market Trends - Bitcoin ETFs turned positive after a $435 billion outflow in November [1] - Quantitative tightening ends on Monday, December 1st, marking the end of the Federal Reserve's two-year liquidity drain from markets [1] - The market anticipates a Federal Reserve policy pivot from restrictive to accommodative, with Bitcoin potentially reaching $90,000 [1] Monetary Policy - The Federal Reserve is expected to halt liquidity draining from markets after two years [1] - Market anticipates an 87% probability of a rate cut following Powell's speech on the same day [1] Company Performance - BlackRock's revenue from Bitcoin now exceeds that of any other product [1] - Coinbase premium is positive after a month of negative performance [1]