PANews reported on December 6th that Coinbase Institutional published an article on its X platform, stating that signs of market recovery are becoming increasingly apparent. They believe that with improved liquidity, a surge in the probability of a Federal Reserve rate cut to 92% (as of December 4th), and strengthening macroeconomic positive factors, cryptocurrencies are poised for a recovery in December. The reasons are as follows: Liquidity is recovering The so-called "artificial intelligence bubble" has not yet burst (there is still room for growth). Shorting the US dollar at current prices is quite attractive. Coinbase previously predicted a weak market in November and a rebound in December. This could be the starting point for a renewed momentum in the cryptocurrency market.PANews reported on December 6th that Coinbase Institutional published an article on its X platform, stating that signs of market recovery are becoming increasingly apparent. They believe that with improved liquidity, a surge in the probability of a Federal Reserve rate cut to 92% (as of December 4th), and strengthening macroeconomic positive factors, cryptocurrencies are poised for a recovery in December. The reasons are as follows: Liquidity is recovering The so-called "artificial intelligence bubble" has not yet burst (there is still room for growth). Shorting the US dollar at current prices is quite attractive. Coinbase previously predicted a weak market in November and a rebound in December. This could be the starting point for a renewed momentum in the cryptocurrency market.
Coinbase: Crypto market expected to recover in December
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PANews reported on December 6th that Coinbase Institutional published an article on its X platform, stating that signs of market recovery are becoming increasingly apparent. They believe that with improved liquidity, a surge in the probability of a Federal Reserve rate cut to 92% (as of December 4th), and strengthening macroeconomic positive factors, cryptocurrencies are poised for a recovery in December. The reasons are as follows:
- Liquidity is recovering
- The so-called "artificial intelligence bubble" has not yet burst (there is still room for growth).
- Shorting the US dollar at current prices is quite attractive.
Coinbase previously predicted a weak market in November and a rebound in December. This could be the starting point for a renewed momentum in the cryptocurrency market.
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