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 …