American stocks are in the red, Crypto is sinking in red, total market capitalization has fallen by more than 2%, dropping to 3.35 trillion USD.

BTC closed its first daily candle below $100K since May 2025, ETH broke the $3K2 mark, and altcoins collectively plummeted. In just 12 hours, over $600M positions were wiped out, with 87% coming from the Long side.

Although the government of America has reopened, important economic data such as CPI and PPI are still not being released on schedule. The White House announced that it will release the employment report without including the unemployment rate.

Expectations for the Fed to cut interest rates by 0.25% in December have fallen sharply, dropping from 62.9% to 50.7% as 4 Fed officials made hawkish statements, emphasizing that inflation remains high.