The post Bitcoin (BTC) Price: Trades at $87,500 as Fed Rate Cut Odds Jump to 80% appeared com. TLDR Bitcoin trades around $87,500 on Wednesday after dropping to seven-month lows near $80,000 last week Market odds for a December Federal Reserve interest rate cut jumped to 80% from 42% in one week Speculation grows that Kevin Hassett could replace current Fed chair and support aggressive rate cuts CFTC announces new CEO Innovation Council to provide guidance on digital asset regulation and stablecoins Most altcoins including Ethereum and XRP remain subdued with Bitcoin still rangebound despite modest recovery Bitcoin traded at $87,536 on Wednesday morning, showing little movement after last week’s sharp decline to near $80,000. The world’s largest cryptocurrency has recovered modestly but remains in a tight trading range around $88,000. The market has seen a major shift in expectations for Federal Reserve policy. The odds of a December interest rate cut climbed to 80% from just 42% one week ago. This change followed comments from Federal Reserve officials who signaled support for lowering borrowing costs. San Francisco Fed president Mary Daly told The Wall Street Journal she supports another rate cut. She expressed concern about the labor market. “It’s vulnerable enough now that the risk is it’ll have a nonlinear change,” Daly said. New York Fed President John Williams also indicated room for policy adjustment. He stated there is space for further movement in the federal funds rate target range. The cryptocurrency fell from its October peak above $125,000 to current levels in just over a month. This represents a drawdown of nearly 40%. Bitcoin Price on CoinGecko Softer U. S. economic data has helped revive hopes for easier monetary policy. Lower interest rates typically benefit risk assets like cryptocurrencies. Political Changes Could Impact Fed Policy Reports suggest Kevin Hassett could succeed the current Federal Reserve chair. Hassett is a close adviser to Donald Trump. Market watchers view.
Month: November 2025
Teucrium CEO Says XRP is a Modern JPMorgan Rival
XRP is at the center of an effort by fintech giant Ripple to create an ecosystem that rivals top financial institutions like JPMorgan. Teucrium CEO Sal Gilbertie is bullish on Ripple, expressing his confidence in what the XRP ecosystem is building. Visit Website.
SUI Price Prediction: Target $1.75 Within 2 Weeks as Technical Indicators Signal Reversal
SUI price prediction shows potential 14% upside to $1. 75 target as MACD momentum turns bullish despite recent analyst bearish consensus around $1. 38 levels. (Read More).
Charles “Charlie” Rinehart
TYLER Services for Charles “Charlie” Rinehart, 84, of Tyler, will be held on Saturday, November 29, 2025, at 10: 30 a. m. at Stewart Family Funeral Home. A private interment will be held at Kendrick Cemetery in Tyler. Visitation will be one hour prior to the service.
Farmers Insurance Seeks 6.99% Rate Hike, Offers 22% Discount — and You May Feel the Squeeze
Farmers Insurance has applied for a 6. 99% rate increase on California homeowner policies and proposes a 22% discount for bundling home and auto coverage, while lifting its policy cap.
I’II champion Nnamdi Kanu’s release if he shows remorse, says Gumi
Islamic cleric, Sheikh Ahmad Gumi, has defended his push for a non-kinetic approach to insecurity in Nigeria, saying he will lead the calls for the release of the convicted leader of the Indigenous Peoples of Biafra, Nnamdi Kanu, if the latter shows remorse. Kanu was convicted of seven counts of terrorism by the Federal High [.] The post I’II champion Nnamdi Kanu’s release if he shows remorse, says Gumi appeared first on ThePointNG.
“Sorry for this content” – Amanda Balionis and Michelle Wie dive into a hilarious ‘hot mess’ challenge
Amanda Balionis and Michelle Wie indulged in a hilarious ‘hot mess’ challenge. Balionis often shares her hilarious videos and life updates on her Instagram handle.
2×2 Ad Network for December 1, 2025
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Big halftime lead comes in handy for Knights in win vs. Mount Zion
A dominant first half powered Greenfield School to a 77-70 win over Mount Zion, but a shaky second half raised concerns ahead of Saturday’s key matchup with The Burlington School.
BNB Price Prediction: Targeting $950-$1,000 Recovery Within 30 Days as Technical Indicators Signal Oversold Bounce
BNB price prediction suggests a 10-17% upside to $950-$1,000 range within 30 days as oversold RSI and strong support confluence create buying opportunity near $860 levels. (Read More).