Myriad Moves: Bitcoin Odds Flip Bearish as Traders Expect Longest US Gov Shutdown in History

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In brief

  • Prediction market users are reflecting market uncertainty with swaying predictions on crypto price movements.
  • Bears have taken control in the market that asks for Bitcoin’s next stop—$100,000 or $120,000.
  • Users on Myriad think BNB’s market cap will outrank XRP next week.

Uncertainty in the crypto market has led to a tighter price range for top crypto assets like Bitcoin and Ethereum over the last week. 

But odds on prediction markets have been much more volatile, as predictors slide from bullish to bearish alongside the broader market. 

Top-moving markets this week include predictions on Bitcoin’s next stop, the battle between BNB and XRP, and the growth of the stablecoin market cap.

(Disclaimer: Myriad Markets is a product of Decrypt’s parent company, Dastan.)

Bitcoin’s next move: $120K or $100K?

Market Open: October 12
Market Close: Open to resolution
Volume: $766K
Link: See the latest odds on the “Bitcoin’s next hit:…

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