Prediction markets are seeing heavy activity on crypto price outcomes. Tens of millions in volume have been spent on Bitcoin’s January price alone, alongside high-volume contracts for Ethereum, XRP, and Solana. The concentration of capital in short-term price bets has raised concerns about crypto’s future. These rotating, binary wagers suggest the industry is being treated less as a long-term investment asset class and more as a speculative wagering venue. Polymarket Users Bet on Crypto Prices Crypto pre ...