Kalshi and Polymarket saw a record $2.7 billion in weekly volume on crypto contracts, mainly from short-term bets on Bitcoin's price movements. Kalshi's September crypto volume reached $8.17 billion, with 86% from 15-minute markets, showing growing interest in quick trades. Coinbase and Phantom are expanding access to these markets amid legal challenges and regulatory scrutiny. Despite high activity, analysts remain cautious about Bitcoin reaching $100,000 by the end of 2026, reflecting mixed market sentiment.
Bitcoin betting activity on Kalshi and Polymarket reached a record $2.7 billion in weekly volume. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 24, 2026 16:41 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include AAVE at Rp2.537.187 with a 1-day change of -5.27% and typical hold time of 106 days, CAKE at Rp37.635 down 5.25%, and AXS at Rp17.283 down 5.25% with 100% buy order activity on Pluang.
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