At the opening of the US stock market, the Nasdaq fell more than 44 points

Erik Voorhees stated that Bitcoin has the potential to become the dominant currency asset on a global scale. He did not further specify the specific time or implementation path. （CoinDesk）

[Economists Predict Fed Rate Cut in December and Two More Cuts Planned for 2026] Economists predict that Federal Reserve officials will vote to cut interest rates on December 10 (2:00 PM Washington time) to address risks of a deteriorating labor market. The median survey result indicates that the Fed is expected to implement two additional 25-basis-point rate cuts in 2026, starting in March. This rate cut will continue the trend of rate reductions from the September and October policy meetings. Most respondents believe that Fed officials will reiterate the view that 'downside risks to employment have increased in recent months.' Chairman Jerome Powell will hold a press conference following the announcement of the decision.

The IMF released a report that campaigns in favor of CBDCs and warns against the risk stablecoins represent, sparking criticism among crypto experts.

Since December, Bitcoin Whale and Shark addresses (holding 100000 to 10000 BTC) have net increased their holdings by 47584 BTC, after reducing their holdings by 113700 BTC from October 12th to November 30th. According to on chain data, the recent concentrated increase in whale holdings has driven the price of Bitcoin back to the blue zone, but the continued buying by retail investors may limit further price increases. （Santiment）

The White House's new National Security Strategy emphasizes increased global fiscal expansion and military spending.