Bitcoin was trading at $77,121 on Thursday, having clawed back much of its summer losses in a sharp August rally.
The cryptocurrency gained roughly 24% during August alone, rising from around $62,600 at the start of the month to a peak of $80,797 on August 25.
That rebound has reshaped betting on Polymarket, the prediction market platform, where traders wager on which price milestones Bitcoin will hit before the end of 2026.
The market, which has attracted $62.1 million in trading volume since launching in November 2025, currently prices a rise to $90,000 at 44%.
A move to $100,000 is priced at 22%, while $110,000 sits at just 13%. On the downside, traders **** ign an 87% probability to Bitcoin falling below $55,000 again before the year is out, reflecting the scars of a volatile summer.
#summer
The cryptocurrency gained roughly 24% during August alone, rising from around $62,600 at the start of the month to a peak of $80,797 on August 25.
That rebound has reshaped betting on Polymarket, the prediction market platform, where traders wager on which price milestones Bitcoin will hit before the end of 2026.
The market, which has attracted $62.1 million in trading volume since launching in November 2025, currently prices a rise to $90,000 at 44%.
A move to $100,000 is priced at 22%, while $110,000 sits at just 13%. On the downside, traders **** ign an 87% probability to Bitcoin falling below $55,000 again before the year is out, reflecting the scars of a volatile summer.
#summer
9 hours ago
