Bitcoin to top $100,000 before year-end, according to bettors on Kalshi
Publishing timestamp: 2024-11-12 16:27:39
Summary
60% of Kalshi bettors believe bitcoin could reach $100,000 by end of 2024, with 45% betting it could hit that milestone this month. Bitcoin is currently trading near record levels, with a 10% rally on Monday. Kalshi is an event contract market where users can bet on various outcomes. The platform gained prominence for its legal fight against the Commodity Futures Trading Commission. The digital currency has rallied more than 28% since the U.S. presidential election, with President-elect Donald Trump's support for the industry seen as bullish. Bitcoin was last trading at around $89,000 on Tuesday.
Sentiment: POSITIVE
Tickers: BTC.CM=,
Keywords: bitcoin/usd coin metrics, breaking news: markets, bitcoin, markets, business news,