Greekslive: Futures market data shows a 60% probability of a 50 basis point rate cut and a 40% probability of a 25 basis point rate cut

According to Greekslive, the Fed's interest rate decision will be announced in three hours. Futures data show that the market is divided on the rate cut, with a 60% probability of a 50 basis point cut and a 40% probability of a 25 basis point cut. The cryptocurrency options market is also divided, with the ultra-short-term option implied volatility (IV) as high as 70%, and the IV of put options is significantly higher. BTC 58000 and ETH 2200 put options are the most concentrated, and the market is bearish overall. If the rate is only cut by 25 basis points, it will be lower than market expectations, while a 50 basis point cut may indicate a deterioration in economic conditions.