Polymarket shows an 8% probability that BTC will drop to $55,000 in February.
Foresight News reported that according to the latest data from Polymarket, the market estimates an 8% probability that BTC will fall to $55,000 in February, a 24% probability that it will fall to $60,000, and a 37% probability that it will rise to $75,000. Currently, the total trading volume on this prediction market exceeds $64 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Half a million miners stand between Bolivia and a critical minerals rush
US factory orders rose by 0.1% month-on-month in August; AI infrastructure supports manufacturing, but decline in aircraft orders offset part of the increase
The U.S. Census Bureau reported on Friday that factory orders in August increased by 0.1% month-on-month, in line with market expectations, and rose by 6.8% year-on-year. The July month-on-month increase was revised down from 0.9% to 0.8%. Orders for machinery and electrical equipment grew by 1.1% month-on-month, while orders for civilian aircraft and parts saw a significant decline of 4.3% month-on-month. Excluding aircraft, non-defense capital goods orders increased by 1.6% month-on-month.
ONDO falls below $0.5
Crypto prices
More
