Coinbase Institutional released a research report suggesting the crypto market may be positioned for a recovery in December 2025. The report highlights a significant lift in global liquidity and growing expectations for a Federal Reserve rate cut as key drivers for a potential rebound in risk assets like cryptocurrencies. The firm's analysis points to a 92% probability of a Fed rate cut by December 4, which could foster a softer dollar environment and broader market momentum. This optimistic outlook follows a weaker November for the crypto market. Coinbase's custom global M2 money supply index showed a clear recovery trend into the end of 2025, supporting the firm's thesis for a market reversal. The report suggests that after a positioning reset in October and a weak November, macro tailwinds are now building that could benefit the digital asset space.