Bitcoin $BTC Approaches $100,000 Mark, Polymarket Bets Rise
Polymarket users are betting heavily on Bitcoin hitting $100,000 by the end of the year, with odds rising from 33% to 62% after Bitcoin $BTC surpassed $85,000. This spike in confidence reflects the extreme optimism in the cryptocurrency market, fueled by speculation of a favorable regulatory change after the recent US elections. Although trading volumes on Polymarket have surpassed $2.7 million, 88% of its users are reportedly suffering losses, drawing the attention of regulatory authorities in France for compliance issues.
