Odaily Planet Daily News: Bitcoin has remained in the $108,000-112,000 range for nearly two weeks as options tend to be more defensive ahead of the release of U.S. inflation data. Analysts say a September rate cut could amplify the historic bullish returns in the fourth quarter. Sean Dawson, head of research at Derive, said last week's weak U.S. employment data reinforced expectations of a rate cut and boosted option pricing. The CMEFed Watch tool shows that there is a 100% chance of a rate cut at this month's Federal Reserve meeting. The prediction market has also sent a corresponding signal. Polymarket currently predicts a 16% chance of a 50 basis point rate cut in September, up from around 10% late last week, while the probability of no rate cut is close to 3.5%. (The Block)