Bitcoin remains above $58,000 as chances of major Fed rate cuts rise to 67%

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Bitcoin remains above ,000 as chances of major Fed rate cuts rise to 67%

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Bitcoin remains above $58,000 as chances of major Fed rate cuts rise to 67%

Traders on the exchange deposit money into Figure Markets, which is pooled and loaned to Figure Technologies to issue secured home equity loans, a press release explains. Borrowers pay interest on these loans, creating a spread that covers costs and provides returns to investors, who benefit from dual recourse protection, daily liquidity and interest payments that increase based on the duration of their investment.

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