Fed chair Jerome Powell's rate decision is just days away, and prediction markets are practically screaming certainty. Polymarket odds have surged to 93% favoring a cut this week.
If Powell does pivot, crypto could catch a serious tailwind. Lower rates typically weaken the dollar and push investors toward risk assets—exactly where digital currencies thrive. Market participants are already positioning accordingly.
The macro setup looks increasingly favorable. All eyes on the Fed now.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
LiquidityLarry
· 4h ago
93% is already so high, but I'm still a bit afraid that Powell might be dovish... But then again, rate cuts are indeed beneficial for the crypto space—only when the dollar weakens will people look for risk assets.
View OriginalReply0
MEVHunterWang
· 12-07 23:50
93%? With such a high probability, there can still be a black swan event. It's basically gambling with your life.
View OriginalReply0
MaticHoleFiller
· 12-07 23:48
93% is an outrageous number; the market has never been this certain... If Powell doesn't cut, the people on Polymarket are probably going to get liquidated en masse.
View OriginalReply0
Anon4461
· 12-07 23:46
93%? This number is a bit too neat, I feel like there might be a reversal.
View OriginalReply0
FloorPriceWatcher
· 12-07 23:38
93% can't be faked. If the Fed doesn't cut rates this time, I'll livestream myself eating a keyboard.
View OriginalReply0
StakeOrRegret
· 12-07 23:24
93%? That number is insane, feels a bit too optimistic... If Powell really goes for a rate cut, we should definitely celebrate.
Fed chair Jerome Powell's rate decision is just days away, and prediction markets are practically screaming certainty. Polymarket odds have surged to 93% favoring a cut this week.
If Powell does pivot, crypto could catch a serious tailwind. Lower rates typically weaken the dollar and push investors toward risk assets—exactly where digital currencies thrive. Market participants are already positioning accordingly.
The macro setup looks increasingly favorable. All eyes on the Fed now.