GM, Crypto Briefers!

Bitcoin reclaimed the $90K level Monday morning, rising toward $92K on growing consensus that a 25bps Fed rate cut is locked in for Wednesday. Traders on Polymarket are pricing in 94% odds, and the bounce from weekend chop is giving bulls some hope — for now. But without a real spark, Bitcoin remains stuck near $90K, unable to retest six-figure territory.

Meanwhile, the stablecoin narrative just got more firepower. Bitfinex-backed Stable launched its main net and native STABLE token today, joining a wave of new stablecoin-focused chains drawing billions in early capital and interest. From MetaMask to Phantom, everyone wants a dollar-pegged product now. Strategy also dropped nearly $1B on BTC last week — a sign institutions haven’t left the party yet.