Polymarket Traders Predict Extended US Government Shutdown
- Polymarket traders estimate a 37% probability that the US government shutdown will last more than 30 days, up from 15% at its onset.
- Kalshi, another prediction platform, places the likelihood of an extended shutdown at 39%.
- The ongoing fiscal impasse is attributed to partisan disagreements over budget approvals under President Donald Trump.
- Prediction markets like Polymarket have become key indicators for assessing political risks and uncertainties.
Traders on platforms such as Polymarket and Kalshi are increasingly betting on a prolonged US government shutdown due to unresolved budget disputes. Current predictions suggest a significant chance of the closure extending beyond October.
Source (3.2)https://cryptobriefing.com/polymarket-shutdown-october-wsj/?rand=59535