Crypto Markets Turn Bearish as Solana and Bitcoin Odds Shift
- Predictors on Myriad are leaning bearish, with over $40,000 wagered on lower price targets for Bitcoin and Solana.
- Solana’s price prediction market shows a 69% chance of rising to $250, despite a recent slump to $204.79.
- Bitcoin is trading at $109,750, with a significant shift in odds suggesting a dip below $105,000 during September.
As crypto prices slide, Myriad’s prediction markets show increasing bearish sentiment for major assets like Bitcoin and Solana. Predictors are betting heavily on lower price targets amid recent market volatility.
Solana faces a potential rise to $250 or fall to $130, while Bitcoin’s ability to maintain above $105K is under scrutiny as bears dominate the market predictions. (Source)