Bitcoin To Pass 125k This Month, Polymarket Bettors Predict
Main Idea
Polymarket bettors predict Bitcoin will reach at least $125,000 this month, amid significant crypto legislation developments in the U.S. and increased institutional interest.
Key Points
1. 34% of Polymarket bettors believe Bitcoin will exceed $125,000 by the end of July, while only 11% predict it will surpass $130,000.
2. Bitcoin recently hit an all-time high of over $123,000, coinciding with the signing of the GENIUS Act by U.S. President Donald Trump.
3. The GENIUS Act, along with the CLARITY Act and Anti-CBDC Surveillance State Act, aims to strengthen crypto innovation in the U.S.
4. Trump Media and Technology Group Corp revealed its Bitcoin treasury holdings have reached $2 billion, highlighting institutional adoption.
5. As of the report, Bitcoin's price was hovering around $116,000.
Description
The majority of Polymarket bettors are predicting that Bitcoin will hit at least $125,000 in value this month, a new poll on the decentralized prediction market shows. Polymarket Bettors Back $125K Bitcoin Threshold According to the poll , 34% of Polymarket bettors believe that Bitcoin will cross the $125,000 threshold by the end of July. In contrast, just 11% of the poll’s participating bettors predict that the cryptocurrency will rally above $130,000 this month. Meanwhile, just 3% and 1% of th...
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