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01:58
Polymarket "Probability of the Fed cutting interest rates before the end of the June FOMC meeting" dropped 11% in 24 hours, currently at 28%.
Odaily reported that Odaily Seer channel monitoring shows the probability of the Polymarket event "Federal Reserve cuts interest rates before the end of the June FOMC meeting" has dropped by 11% in the past 24 hours, currently at 28%. Previously, it reached as high as 39%. The trading volume for this event is nearly $1.8 million. Earlier news indicated that the continuous rise in core PCE is unfavorable for the Federal Reserve's dovish stance. In addition, it is expected that the Federal Reserve will cut interest rates by 25 basis points each in September 2026 and March 2027, whereas previous forecasts predicted rate cuts in June and September this year. Odaily Seer channel continues to monitor the prediction market, observing changes before pricing.
01:46
Polymarket's nominal trading volume on the US platform exceeds $750 million, with over 5 million transactions.
Odaily reported that crypto KOL dash posted on X, stating that so far (Odaily note: the starting date is November last year), the nominal trading volume of Polymarket's US platform has exceeded $750 million, with more than 5 million transactions. After reaching a peak of $2.6 million, its open contracts currently stand at $1 million.
01:46
Santiment: The proportion of bitcoin reserves held by exchanges has dropped to its lowest level since November 2017
ChainCatcher news, on-chain analytics platform Santiment posted on X, stating that according to traceable wallet data, the proportion of bitcoin stored on exchanges has dropped to its lowest level. Over the past eight years, both the crypto market and the global macro environment have undergone significant changes, while the ratio of bitcoin reserves on exchanges has continued to decline. This is generally regarded by the market as a signal of strengthened long-term holding tendencies and reduced circulating selling pressure.
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