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Betting on 5-Minute Swings on Bitcoin Price Are the Hot New Thing on Prediction Markets
Summary by Fortune
2 Articles
2 Articles
Betting on 5-minute swings on Bitcoin price are the hot new thing on prediction markets
There is a new trend in prediction markets: betting on whether Bitcoin will go up or down in the next five of fifteen minutes. On Polymarket, a five-minute wager on the price of the largest cryptocurrency has garnered more than $60 million in trading volume in a single day, according to Dune Analytics. The minute-by-minute wagers on Bitcoin highlight the relative simplicity of bets on prediction markets. As opposed to traditional sports betting,…
·New York, United States
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Total News Sources2
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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