Bitcoin eyes breakout as 50bps Fed rate cut odds climb to 17% and dollar wobbles Markets are pricing about 30 basis points of easing for the Sept. 17 Federal Open Market Committee decision, split between a base case quarter point cut and a smaller tail for 50 basis points. Should rates drop 50bps, Bitcoin could eye a return to all-time highs. According to CME Group’s FedWatch tool, probabilities as of Sept. 10 at 7:30 A.M. CT stood near 90 percent for a 25 basis point move, about 10 percent for 50, and ...