Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
The Fed could lower rates in December: what does it mean for crypto?
According to the CME FedWatch tracker, there is nearly a 2 in 3 chance (67.3%) that the Federal Reserve will cut rates by 25 basis points this December. There is only a 32.7% chance of maintaining the status quo.
Why it matters: A rate cut typically pushes capital toward risk assets like Bitcoin and altcoins, seeking higher returns. Meanwhile, maintaining high rates favors a strong dollar and puts pressure on crypto.
The currency: The upcoming inflation and employment data will be key to confirming this trend. Stay tuned.