Coinbase Institutional predicts a December crypto market recovery, citing improved liquidity and favorable macroeconomic conditions. A Federal Reserve rate cut is expected, with odds at 93% on Polymarket and 86% on CME’s FedWatch. The firm anticipates a rebound following a weak November based on internal indicators.

Additional factors supporting the rally include the potential bursting of the AI bubble and a weaker U.S. dollar. Despite a weekly decrease, bitcoin saw a slight rise, potentially influenced by institutional news like Vanguard’s crypto ETF policy reversal and Bank of America allowing up to 4% of portfolios in crypto.

Read more at Yahoo Finance: Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb