Binance Research said Bitcoin could find support before major central banks cut rates if the spread of rate hikes continues to slow. It said eight of the 10 central banks it tracks had raised rates over the previous six months, counting a Swedish increase announced for Nov. 4. The pace of tightening had begun to ease from a July peak, but the report said whether that continues into early 2027 is key to judging if conditions are becoming less hostile for crypto.
A US rate increase was still possible: Federal Reserve Governor Christopher Waller said he leaned toward a quarter-point hike in December and would consider a half-point move if core inflation stayed elevated. Binance cited Bitcoin’s recovery ahead of rate cuts in the previous cycle as a comparison, not a forecast of the same outcome.