San Francisco Fed President Mary Daly suggested that the Fed should consider lowering interest rates in 2024, citing the improvement in inflation. Nineteen Fed officials expect at least three rate cuts next year as inflation falls faster than expected.
Galaxy Digital CEO expects Spot Bitcoin ETF to be approved by January 10.
At the time of writing, Bitcoin (BTC) is trading at $42,669 and Ethereum (ETH) is trading at $2,208.
The fear and greed index is “74”, which is the greed level.
Important developments that will occur during the day:
General Market Activity: Polygon (MATIC): Announcement about real world assets (RWA) will be published.
