Bitcoin and XRP Stabilize as Wall Street Prices in 85% Chance of a December Rate Cut

• The Pivot: JP Morgan and Goldman Sachs forecast a December rate cut due to missing economic data.
• The Reaction: Bitcoin stabilized at $90K while XRP rallied on hopes of a pro-crypto Fed regime.
• The Future: A “Hassett-led” Fed in 2026 could end the era of regulation by enforcement.

Wall Street’s consensus has fractured forcing a repricing of risk assets that has Bitcoin and XRP targeting immediate breakouts. 

Citing a new note from JP Morgan, Reuters reports that the Federal Reserve is now expected to deliver a 25-basis-point interest rate cut during its December 9-10 meeting.

If it turns out to be true, the move would mark a sharp reversal from the bank’s previous call that policymakers should postpone these decisions until January 2026.

The ‘data darkness’ catalyst

The shift is driven largely by the 43-day US government shutdown, which scrambled the r…

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