Bitcoin Holds Above $58K As Probability of Big Fed Rate Cut Rises to 67%

Bitcoin Holds Above $58K As Probability of Big Fed Rate Cut Rises to 67%

Traders on the exchange deposit funds into Figure Markets, which are pooled and lent to Figure Technologies to make secured home loans, the press release explained. Borrowers pay interest on these loans, creating a spread that covers costs and provides returns to investors, who benefit from double recourse protection, daily liquidity, and interest payments that accrue based on the length of their investment.

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