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Polymarket Forecasts 87% Probability of December Rate Cut Amid Crypto Stock Rally

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Prediction market platform Polymarket has indicated an 87% likelihood of a U.S. Federal Reserve interest rate reduction in December, marking the highest probability recorded this month. This optimistic outlook coincides with a notable upswing in the valuations of key cryptocurrency-related equities. Leading the charge, Cleanspark, Riot Platforms, Cipher Mining, and Circle have all posted significant gains, reflecting heightened investor confidence in the digital asset sector. The convergence of these developments suggests a growing market expectation that monetary policy easing could further catalyze growth within the cryptocurrency industry. As traditional financial indicators align with digital asset performance, stakeholders are closely monitoring how potential rate adjustments might influence liquidity, borrowing costs, and institutional capital flows into blockchain-based enterprises. This trend underscores the increasing interplay between macroeconomic policy and the evolving digital finance landscape, with market participants leveraging prediction markets as a barometer for future financial conditions.

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