FED RATE CUT PREDICTIONS HEAT UP ON POLYMARKET

Polymarket’s popping off with $10.9M riding on the Fed’s FOMC meet from September 17-18.

Traders are vibing with a 77% chance of a 25 basis point cut and 21% for a 50 basis point slash.

With inflation chilling out and the job scene getting softer, a rate drop is looking likely.

Analysts are also predicting Bitcoin’s volatility to cool as the Fed might kick off a rate-cutting spree.

Polymarket’s volume just spiked from $1B to $1.52B in August, proving it’s a major player in forecasting these big moves.

Sources: TheBlock & Mario Nawfal