PPP’s prediction market tracker shows that the Polymarket contract on whether Bitcoin will reach $85,000 during the rest of September has fallen to 38%, down 40% over the past 24 hours. The market settles based on Binance’s BTC/USDT pair only. Under the contract rules, if at any point between 12:00 a.m. ET on the first day of the specified month and 11:59 p.m. ET on the last day of that month any 1-minute candle posts a high equal to or above the target price, the market resolves immediately to Yes. If that does not happen, it resolves to No. Prices from other exchanges, other trading pairs, or spot markets are not counted for settlement.
PPP’s prediction market tracker shows that the Polymarket contract on whether BTC will hit $85,000 during the rest of September has dropped to 38%, down 40% in the past 24 hours.
Settlement is based only on Binance BTC/USDT
Under the settlement rules, the market uses Binance’s BTC/USDT trading pair as the sole reference. During the month named in the title, from 12:00 a.m. ET on the first day of the month through 11:59 p.m. ET on the last day, the contract resolves immediately to Yes if the high of any 1-minute candle is equal to or above the specified price. Otherwise, it resolves to No.
The market counts only the 1-minute candle high on Binance BTC/USDT. Prices from other exchanges, other trading pairs, or spot markets are excluded.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.