Polymarket Bettors Predict U.S. Government Shutdown Until Mid-October
Polymarket bettors predict the U.S. Government will remain shut until at least October 15, with a 72% chance of reopening on that date or later. This prediction is based on a $1.4 million volume in a $4 million contract.
A separate contract suggests a 67% probability that the shutdown will last between 10-29 days, and only a 27% likelihood of it exceeding a month.
The current situation is unlikely to surpass the longest government shutdown in history, which occurred during the first Trump administration.
The government shutdown is being cited as a potential factor for the recent surge in BTC prices, which have surpassed $125,000.
Congress is reportedly in a stalemate, with attempts to fund and reopen the government not reaching the necessary votes.
