Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Stocks
App now fully supports direct access to the stock market
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Rewards

Polymarket Traders Put 62% Odds on Bitcoin Dropping Below $60K in June

GateNews
Prediction Market
BTC-2.14%

According to Polymarket data on June 4, traders priced a 62% probability of Bitcoin dropping to $60,000 or below this month. The June bitcoin market has generated $6.22 million in total volume since its launch on June 1, with the $60K-or-lower target attracting over $748,000 in traded volume. BTC was trading at $63,826, down 2.8% on the day.

Kalshi's $60K-vs-$100K contract gives Bitcoin an 83% probability of hitting $60,000 first before year-end 2026. Myriad traders put a 67.9% edge on a $55,000 downside move versus an $84,000 upside target, with $187,000 in total volume.

View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

3h ago
Bitcoin Drops 5.5% to $61,322 on June 4, Erases Iran War Premium in Early Singapore Trading
6h ago
Bitcoin Erases $2T in Market Cap on June 4, Rests on $60K Support as Bears Control Rebound
17h ago
Bitcoin Crashes Below $62K, Recovers Near $64K; $1.7B Liquidated in 24 Hours
In-Depth Analysis

Bitcoin Drops 14% in One Week as Strategy Sells 32 BTC, ETF Outflows Hit $4.21B

Daniel Carter8h ago

Bitcoin Liquidations Hit $810M as ETF Outflows Reach $3.96B Since May 15th

Crypto Frontier12h ago

Bitcoin Drops to $65,000 as $1.8 Billion in Crypto Liquidations Occur

Crypto Frontier16h ago
Comment
0/400
No comments