Odds Of 2025 Recession Soar Above 60% On Crypto-Based Polymarket As Tariff Fears Pummel Markets, Bettors Root For Emergency Rate Cut
Posted On April 7, 2025
The odds of the Federal Reserve implementing an emergency rate cut soared dramatically on the prediction platform Polymarket as stocks and cryptocurrencies tumbled over tariff concerns.
What Happened: Bets in favor of the contract titled “Fed emergency rate cut in 2025?” rose from 20% to 36% over the last 24 hours on the Polygon (CRYPTO: POL)-based platform. As of this writing, the odds had fallen to 28%, but they were still significantly higher than the 16% a week before.
Over $149 million has been wagered on the outcome. The market will resolve to “Yes” if the central bank holds an emergency …
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