- Predictors on Myriad are growing more bearish on Bitcoin reaching $100,000 first.
- Markets now favor Solana dropping to $100 before it can rally to $150.
- Sentiment markets on Myriad show approval for President Trump, contrasting traditional polls.
This week, traders on prediction market platform Myriad have grown increasingly pessimistic about Bitcoin and Solana’s near-term prospects, even as they signal approval for President Donald Trump‘s performance. The shift follows another week of choppy trading and underwhelming crypto price action.
Odds for Bitcoin hitting $100,000 first have fallen to 55% on the relevant Myriad market, down from 88% just two weeks ago. Bitcoin recently changed hands at $84,167, a 5% weekly drop that brings it closer to the $69,000 “dump” level.
Conversely, predictors now give a 57% chance that Solana will fall to $100 before rising to $150, according to its market on Myriad. SOL’s price is currently $118, nearly 60% below its all-time high despite recent ETF inflows.
However, the sentiment market for President Trump on Myriad shows a 55% approval rating, up 3% in the past week. This contrasts with traditional polling aggregated by Nate Silver and the New York Times, which show around 55% disapproval.
The divergence may stem from his crypto-friendly stance, though some in the community have raised concerns. Meanwhile, Bitcoin and Solana face headwinds from macroeconomic factors like the Federal Reserve’s decision to leave interest rates unchanged.
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