Polymarket offering quite the discount on fed interest rates markets atm

Evens on a market that's currently agreed to be 63% likely, thas' quite a deal

Also, betting "no" on No Change is literally free money. And it's pretty liquid.

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I think there's a high possibility of a rate cut

If that happens, I think Bitcoin is more likely to rise

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Market is already pricing in for a 50bps cut - which means we could actually wind up dumping if there's "only" a 25bps cut.

Think most are of the impression that the fed have waited too long to cut - now the pivot is towards "will they cut enough to make up for it"