$1.3M Polymarket Bet Forecasts Fed to Hold Interest Rates Today
A $1.3 million wager on Polymarket signals strong market conviction that the Federal Reserve will maintain current interest rates at today's policy meeting. The bet aligns with broader expectations of monetary policy stability following recent pauses and dovish Fed commentary.
Cryptocurrency markets remain attuned to the Fed's decision, as rate trajectories influence risk asset valuations. Bitcoin and ethereum have shown muted price action ahead of the announcement, reflecting trader caution.