Eric Trump Said A Fed Rate Cut Would Result In Crypto Skyrocketing, But The Majority Of Polymarket Bettors Have A Sobering View On Bitcoin

Cryptocurrency bettors held back from lofty Bitcoin (CRYPTO: BTC) projections despite the Federal Reserve's quarter-point rate cut last week. Bitcoin Projections Trimmed Down As of this writing, the odds on the apex cryptocurrency exceeding $125,000 in September were only 5% on Polymarket, while the chances of it topping$ 130,000 were reduced to 1%. The odds of Bitcoin surpassing $120,000 were down to 14%, whereas the likelihood of the coin staying below$ 107,000 increased to 29%. See Also: Hex Trust ...