According to @StockMKTNewz, Fed Governor Christopher Waller said his concern is the labor market and he is advocating for a rate cut at the December meeting (source: @StockMKTNewz on X, Nov 24, 2025). A confirmed dovish pivot typically pressures front-end Treasury yields lower and eases the US dollar, historically supportive for risk assets including BTC and ETH via lower discount rates and liquidity channels (source: Federal Reserve Board materials on monetary policy transmission; BIS research on risk-asset response). Traders can track December cut odds via the CME FedWatch Tool and adjust crypto beta accordingly, with BTC often inversely correlated to real yields (source: CME FedWatch Tool; Federal Reserve FRED series on real yields). Actionable setups: watch for DXY pullbacks and 2-year yield dips to coincide with BTC upside and consider hedging alt exposure around FOMC headline risk into December (source: BIS Quarterly Review on cross-asset correlations; CME event calendars).