January Fed Rate Cut Odds Hit All-Time Low of 13% on Polymarket – Here Is Why Crypto Bets Are Fading

The likelihood of a Federal Reserve interest rate cut in January has dropped to an all-time low of just 13% according to data from Polymarket. This significant decrease in expectations highlights a shift in market sentiment regarding monetary policy and interest rates. In addition, the fervor surrounding cryptocurrency betting has noticeably diminished, with investors increasingly cautious and reevaluating their positions in light of broader economic conditions and regulatory factors. This fading enthusiasm for crypto-related wagers suggests a growing uncertainty in the market, as participants grapple with the implications of potential interest rate decisions and their impact on digital asset performance. source: https://blocknews.com/january-fed-rate-cut-odds-hit-all-time-low-of-13-on-polymarket-here-is-why-crypto-bets-are-fading/