Prediction market data from Polymarket shows a significant shift in sentiment regarding the Federal Reserve's monetary policy. The probability of a 25 basis point rate cut in December has surged to 70%, rising sharply from just 20% four days prior. This shift in interest rate expectations coincides with the total cryptocurrency market capitalization holding steady near $2.9 trillion. Macroeconomic policy expectations continue to be a primary driver for risk asset valuations. The rapid repricing suggests market participants are becoming increasingly confident in a dovish pivot by the end of the year, providing a supportive backdrop for digital asset markets.