Polymarket Bitcoin August 5 Breakout Bet Sees 22% Swing in 'Yes' Odds

Binance News

Polymarket Bitcoin August 5 Breakout Bet Sees 22% Swing in 'Yes' Odds

Polymarket's submarket for the "64,000" outcome in the "Bitcoin breaks through on August 5" event saw the probability of the "Yes" option swing sharply, falling from 72.5% an hour earlier to 50.5%, according to Catcher Predict monitoring. According to ChainCatcher, the move reflected a 22% fluctuation, and readers were advised to watch for the impact of related breaking news.