#GateChristmasGiveaway

Acceleration of the Fed's policy easing

Good afternoon, friends! ☕️
The main macro and crypto events of the night.

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🔥 Macro: data indicates acceleration of monetary easing

The first signs of economic cooling appeared in the September labor market data:
• Non-Farm Payrolls: 119K with a forecast of 50K
• Unemployment: 4.4% with an expectation of 4.3%

These indicators reflect a slowdown in hiring and a gradual weakening of the labor market.

The following releases fully confirmed the trend:
• PPI came in below expectations
• Retail Sales turned out to be weaker than expected

The market instantly reshaped expectations:
📉 the probability of a rate cut by the Fed in December has increased to 84.9%

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📈 Markets: positive reaction
• S&P 500 and Nasdaq moved into the green zone
• BTC has stabilized at 87.5K
• Open Interest is decreasing — a healthy sign for the market
• Selling pressure on Binance has weakened

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💼 Key news of the cryptocurrency market
• Franklin Templeton filed Form 8-A to launch a spot SOL ETF
• JPMorgan: "Crypto is becoming a fully tradable macro asset"
• The SEC has scheduled a meeting on December 4 regarding the tokenization of stocks.
• NYSE approved the listing of Bitwise Dogecoin ETF
• Reliance Global Group (Nasdaq) has converted its entire digital reserve to Zcash, betting on privacy.
• U.S. Bank is testing the issuance of custom stablecoins on the Stellar network
• BlackRock and Fidelity purchased an additional $253.7 million in BTC

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🧭 Withdrawal

Weak labor market statistics, slowing inflationary pressures, and cooling consumer activity — all of this accelerates the Fed's shift towards a more dovish policy.
Financial markets are pricing this in advance: risk assets are strengthening, demand for crypto-ETFs is rising, and institutional inflows are increasing.