Fed Governor Waller Backs December 25 bps Rate Cut Amid Policy Division

Federal Reserve Governor Christopher Waller publicly supported a 25 basis point rate cut at the December meeting on November 18, citing persistent labor market weakness and pressure on lower-income consumers, BlockBeats reports. Waller framed the move as "risk management easing," preferring early action to prevent rapid employment deterioration amid limited official data. Hawkish voices within the Fed remain active, with voting splits creating uncertainty for the next decision—either maintaining rates or cutting again could face at least three dissenting votes. The crypto market showed stress with derivative liquidations totaling $911.57 million over 24 hours ($631.31 million long, $280.23 million short), while the fear index stood at 12 with trading volume surging 51%. Bitunix analysts noted that if ETF outflows stabilize and large holders enter at $85,000-$90,000, BTC may rebound to $100,000; however, if long-term holders accelerate selling below $85,000-$88,000, prices could test $75,000-$77,000 liquidity zones.