Crypto Address Places $23,000 Bet on Federal Reserve Interest Rate Decision

A newly established cryptocurrency address has placed a $23,000 wager on the potential outcomes of the Federal Reserve's interest rate decision scheduled for January 28. According to NS3.AI, the bet encompasses three possible scenarios: an interest rate hike of 25 basis points or more, a rate cut of 25 basis points, and a rate cut of 50 basis points or more. Should any of these scenarios materialize, the potential profits could range from $1.27 million to $5.64 million.