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Two Polymarket traders bet $3 million bet on Fed rate cuts, Bitcoin is expected to rise during FOMC meeting

Source: CoinWorld
Bitcoin is trading close to $116,000, and traders on Polymarket bet heavily on the Fed’s rate cut, with a 25 basis point cut price of 90% and a 50 basis point cut price of 8%. Analyst Benjamin Cowen predicts that the price of Bitcoin could hit an all-time high in October, but warns that markets may experience volatility and reversal after the FOMC meeting.
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