Fed minutes loom as Polymarket lifts ETH $1,700 touch odds to 44.5%
The post Fed minutes loom as Polymarket lifts ETH $1,700 touch odds to 44.5% appeared on BitcoinEthereumNews.com. Fed Minutes Loom: Polymarket Ethereum July 6–12 Contract Shifts as “↓ 1,700” Becomes the Top Outcome The market is bracing for the Federal Reserve’s June 16–17 meeting minutes due Wednesday at 2 p.m. ET, a release that traders see as pivotal for risk-asset direction after a jobs-driven crypto rebound. On Polymarket, that macro backdrop has coincided with higher odds on the Ethereum ladder contract “What price will Ethereum hit July 6-12?”, with the leading outcome “↓ 1,700” priced at 44.5%. Key Takeaways Polymarket prices the leading outcome “↓ 1,700” at 44.5% (Yes 44.5% / No 55.5%) for Ethereum during July 6-12. Crypto traders are focused on whether the Fed minutes validate a softer labor-market narrative that has underpinned the latest rebound in major tokens. The contract is set to resolve on 2026-07-13 04:00:00+00:00, and the leading-outcome odds are up 6.0 percentage p