TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 12, 12:00 AM EST
Polymarket
This market will resolve to "Up" if the Bitcoin price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the BTC/USD data stream available at https://data.chain.link/streams/btc-usd. Please note that this market is about the price according to Chainlink data stream BTC/USD, not according to other sources or spot markets.
This market will resolve to "Up" if the Bitcoin price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the BTC/USD data stream available at https://data.chain.link/streams/btc-usd. Please note that this market is about the price according to Chainlink data stream BTC/USD, not according to other sources or spot markets.
Prediction market odds reflect what traders collectively believe will happen, while spot price expectations are based on current market conditions and technical analysis. This market aggregates the views of many participants betting real capital on the outcome, which often incorporates forward-looking sentiment that spot prices alone may not capture. When odds diverge significantly from what analysts or on-chain metrics suggest, it can signal either a market inefficiency or emerging information that hasn't yet moved the spot price. Comparing the two helps identify whether traders are pricing in catalysts or risks that traditional analysis might overlook.
On Polymarket, this market is priced through an automated market maker that continuously updates odds based on trader activity and position sizes. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy shares representing either outcome, and the price of each share reflects the crowd's real-time probability estimate. As more capital flows into one side, the odds shift to rebalance supply and demand. This mechanism ensures transparent, dynamic pricing that responds instantly to new information or shifting sentiment throughout the four-hour event window.
This market resolves around Jul 12, 2026, once the four-hour observation window closes and Bitcoin's price movement can be verified. The outcome is confirmed by comparing the opening and closing prices during the specified period against credible public sources. Traders who correctly predicted the direction receive their payout, while those on the losing side forfeit their stake. Resolution is typically finalized within hours of the event end time, allowing quick settlement and capital redeployment.
Major catalysts include Federal Reserve announcements, macroeconomic data releases, regulatory news affecting crypto, and large on-chain transactions or whale movements. Technical levels and support or resistance zones can trigger algorithmic trading that shifts momentum. Geopolitical developments, traditional market volatility, or statements from influential figures in finance or crypto can also sway trader positioning. Real-time news flow during the four-hour window itself—such as exchange outages, security incidents, or unexpected policy shifts—often creates sharp repricing as participants adjust their bets in response to breaking information.