Interest rate cut expectations ignite encryption stocks: mining companies lead the rise, a wave of financing hits the prediction market track.

DAOplomacy

2025-12-01 03:00:19

[Coin World] On Friday, cryptocurrency stocks collectively rose, driven by the latest data from Polymarket – the probability of a rate cut in December surged to 87%, setting a new monthly high. The mining companies are making the biggest moves, with Cleanspark, Riot Platforms, and Cipher Mining leading the rise, directly approaching double digits over the past five days. Circle performed even better, with its stock price jumping nearly 10%. Bitcoin also showed strength this week, rising almost 7%.

The prediction market sector is really bustling right now. Polymarket just officially announced a collaboration with UFC, and Kalshi has secured $1 billion in funding. There are also rumors that Coinbase is considering launching its own prediction market platform. Given this momentum, the story of this sector has only just begun.

BTC-7.24%

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APY追逐者

· 12h ago

With an 87% probability of interest rate cuts, mining companies are directly To da moon. This wave of market movement has really been worth the wait.

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FUD_Vaccinated

· 12h ago

87% chance of interest rate cuts? Mining companies are probably going to da moon, huh? But speaking of which, is the data from Polymarket really reliable? It feels like these prediction markets are sometimes just self-indulgent.

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CryptoTarotReader

· 13h ago

Interest rate cut probability 87%? The mining companies are really going to To da moon now, wait for my coin to rise too.

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SneakyFlashloan