- Coinbase predicts December crypto rebound amid favorable conditions.
- Focus on BTC, ETH, and large caps.
- Market driven by liquidity improvements and macro tailwinds.
Coinbase predicts a December crypto recovery due to improved liquidity and a 92% probability of Fed rate cuts. This outlook primarily impacts Bitcoin (BTC), Ethereum (ETH), and major large-cap assets.
Coinbaseโs anticipation of a crypto rebound stems from improved liquidity conditions and higher rate-cut probabilities. This outlook may influence the broader market dynamics, particularly affecting Bitcoin, Ethereum, and other major cryptocurrencies.
Coinbaseโs institutional research suggests a December recovery due to enhanced liquidity and macroeconomic factors. The analysis points to conditions like an improved rate-cut probability by the Federal Reserve influencing predictions of market increases. BTC and ETH are likely to benefit from these conditions. As noted by Coinbase Institutional Research:
โWe think crypto could be poised for a December recovery as liquidity improves, Fed cut odds jump to 92% (as of Dec 4), and macro tailwinds build.โ
The research was conducted by Coinbaseโs Institutional Research team. The December recovery expectation is aligned with improving liquidity, driven by favorable macroeconomic variables. Coinbaseโs internal leadership, including CEO Brian Armstrong, supports a vision for broad market evolution.
The anticipated impact on the crypto market includes a potential rebound for assets like BTC and ETH, as liquidity improves. Additionally, Coinbaseโs actions, such as internal wallet migrations, demonstrate the structural setup for such a market recalibration.
Historically, market recoveries during periods of improved liquidity correspond with a general uplift in major assets. This parallels scenarios post-2018 when similar financial conditions aligned with industry upturns. As such, this forecast relies on historical macroeconomic trends suggesting potential outcomes.
About the author
BNB Chain Aims for 20,000 TPS by 2026
BNB Chain targets 20,000 transactions per second by 2026, marking a pivotal upgrade.
Unverified Report Claims Strategyโs Massive Bitcoin Acquisition
Speculation surrounds an unverified report of Strategy's acquisition of 1,287 BTC.
Questionable $3.4M Crypto Profit on Perpetual Positions
Reports suggest a trader's $3.4M profit on crypto perpetuations remains unconfirmed by primary sources.
Crypto Whale Ends LIT Long Positions with Major Loss
A 'sleeping whale' closed its LIT long positions after 1.6 years, resulting in a $767,000 loss. This incident emphasizes the risks of long-term holdings without active management.
Coinbase Faces Regulatory ISP Blocks in Philippines
Coinbase is facing ISP access blocks in the Philippines due to regulatory issues initiated by the Bangko Sentral ng Pilipinas, impacting users' access.
XRP and SOL Spot ETFs Record Significant Inflows
XRP spot ETF saw a $43.16M inflow; SOL spot ETF received $10.43M last week.
Related
BNB Chain Aims for 20,000 TPS by 2026
BNB Chain targets 20,000 transactions per second by 2026, marking a pivotal upgrade.
Unverified Report Claims Strategyโs Massive Bitcoin Acquisition
Speculation surrounds an unverified report of Strategy's acquisition of 1,287 BTC.
Questionable $3.4M Crypto Profit on Perpetual Positions
Reports suggest a trader's $3.4M profit on crypto perpetuations remains unconfirmed by primary sources.
Crypto Whale Ends LIT Long Positions with Major Loss
A 'sleeping whale' closed its LIT long positions after 1.6 years, resulting in a $767,000 loss. This incident emphasizes the risks of long-term holdings without active management.
Coinbase Faces Regulatory ISP Blocks in Philippines
Coinbase is facing ISP access blocks in the Philippines due to regulatory issues initiated by the Bangko Sentral ng Pilipinas, impacting users' access.
XRP and SOL Spot ETFs Record Significant Inflows
XRP spot ETF saw a $43.16M inflow; SOL spot ETF received $10.43M last week.
