Bitcoin Slips as Trump's Odds Plummet, Pushing Crypto Liquidations Above $315M
Polymarket and Kalshi users are hedging their bets on Donald Trump, with Bitcoin falling below $68,000 and liquidations piling up.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin Bettors Push Kalshi and Polymarket to a Record $2.7B Week
Crypto contracts on Kalshi and Polymarket hit a record $2.7 billion in weekly volume, driven mostly by short-term bets on where bi...
Kalshi and Polymarket hit record $2.7 billion in weekly crypto volume
The surge in crypto prediction market volume highlights a shift towards short-term speculative trading, impacting traditional trad...
Phantom brings Kalshi prediction markets to US users as legal fights mount
The integration highlights the tension between federal and state regulations, potentially reshaping the legal landscape for predic...
Bitcoin Slides Towards $81,000 as Oil Above $110 Revives Rate-Hike Bets
Bitcoin Magazine Bitcoin Slides Towards $81,000 as Oil Above $110 Revives Rate-Hike Bets Bitcoin’s price on Thursday slid — erasin...
Pentagon Bans Military Insider Trading on Polymarket, Kalshi After $400K Betting Scandal
Defense Secretary Pete Hegseth has prohibited U.S. military personnel and Pentagon employees from using nonpublic information to t...
Crypto Longs Lose $404 Million in Four Hours as Bitcoin Slips Below $80,000
Bitcoin's brief dip under $80,000 on 24 October 2026 triggered $404 million in long liquidations within four hours. Here is what t...