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The prediction market platform's new Perps product scaled from 10 markets to 67 on its first day—though the 20x leverage ceiling only applies to some of them, and none of it reaches U.S. traders.
The US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month.
Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.
