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Polymarket Prices a 14% Chance of October Fed Hike as Bitcoin Closes at $81,524

Polymarket Prices a 14% Chance of October Fed Hike as Bitcoin Closes at $81,524

Photo: TokenPost

Bitcoin (BTC) closed at $81,524 on Oct. 16 UTC as Polymarket’s October Federal Reserve decision market priced a 14% chance of a quarter-point hike at a late-Friday snapshot, with inflation data setting the backdrop for the Fed’s next meeting. At 10:15 p.m. ET Oct. 16 (02:15 UTC Oct. 17), the market showed 14% for a hike and 87% for no change, with $44,668,801 in total volume. The displayed probabilities are rounded to whole percentages. Contract prices reflect market expectations, not a Federal Reserve forecast.

Source: TokenPost

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