Prediction Traders Are Betting Bitcoin Will Fall Below $65,000
Yahoo Finance·2026-02-05 03:44

Bloomberg Bitcoin values have fallen to their lowest level since President Donald Trump took office. If prediction markets are to be believed, the world’s most popular cryptocurrency may have a lot further to fall. Bitcoin has lost 40% since it hit an all-time high of over $126,000 in October, shedding momentum, narrative and its claim as a hedge all at once. Most Read from Bloomberg Contracts on Polymarket, a decentralized prediction platform popular with crypto-native speculators, now imply an 82% c ...