CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Sep 10, 2025
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Polymarket Trader Places $15,000 Bet on 50bps Fed Rate Cut

1 min

Trader JustWakingUp on Polymarket is betting that the Federal Reserve will cut interest rates by 50 basis points next week. Key points include:

  • The trader has a total trading volume of nearly $400 million and profits exceeding $2 million.
  • A $15,000 bet has been placed on a 50 bps cut to 3.75%, currently showing a 3% gain.
  • If successful, the payout could reach around $226,000.
  • The market anticipates a 25 basis point cut, with a 91% probability per the CME's FedWatch Tool.
  • Chances for a 50 bps cut have increased to nearly 10% following a disappointing jobs report.
  • The U.S. economy saw a downward revision of 911,000 jobs in the past year, the largest on record.
  • Upcoming data releases from the U.S. Producer Price Index and Consumer Price Index could influence expectations for rate cuts and impact bitcoin and stock prices.