📰📰📰📰📰Polymarket: 97.5% confidence in a Fed rate cut this week
Traders on the decentralized prediction platform Polymarket are almost unanimous: 97.5% believe that the Fed will cut the interest rate this week.
– Easing of monetary policy = more liquidity
– A weaker dollar may increase interest in risk assets, including $BTC and $ETH
– Historically, crypto responds with growth to signals of rate cuts
Markets are currently on a thin line of expectations: official statements from the Fed could become a driver of volatility in the coming days.
🐋 What are the whales saying?
