Crypto betting markets forecast a bullish trend in 2025

According to a review of data from two popular prediction markets, Cointelegraph found that traders are placing their bets on a banner year for cryptocurrency markets in 2025. The data, sourced from Polymarket and Kalshi, suggests that bettors expect Bitcoin (BTC) and Ether (ETH) to reach record highs in 2025.

Polymarket and Kalshi Data: High Odds for Record-Breaking Prices

As of December 26, Kalshi prices more than 60% odds of BTC and ETH reaching at least $125,000 and $5,000 in 2025, respectively. Polymarket sets 50% odds of BTC touching $120,000 before the end of March.

Historical Context: Current Record Highs

To date, Bitcoin’s record high is around $108,300, and Ether’s is around $4,720.

BTC Price Targets on Kalshi

Source: Kalshi

Kalshi gives Paul Atkins 93% odds to be Trump’s SEC chair pick despite mixed reports
Explore more articles like this

Prediction Markets: A New Frontier for Trading and Analysis

Prediction markets work by letting users trade contracts tied to specific events, with prices fluctuating dynamically based on expected outcomes. They proved to be more accurate than traditional polling, forecasting not only Trump’s win but also his party’s sweep of the US House and Senate.

Polymarket and Kalshi: A New Era in Trading

Polymarket and Kalshi rose to prominence in the runup to the US elections in November, with upward of $4 billion in trading volume tied to the US presidential race alone. This new era in trading has given users the opportunity to place their bets on future events and outcomes.

Conflicting Signals: Futures Markets Anticipate Modest Gains

Compared to betting platforms, conventional futures markets anticipate more modest gains for cryptocurrencies in the first quarter of 2025. Traders on the Chicago Mercantile Exchange (CME), one of the US’ largest futures exchanges, are pricing in March spot prices of roughly $98,000 for BTC and $3,500 for ETH.

Futures Contracts: A Popular Tool for Hedging and Speculation

Futures contracts are standardized agreements to buy or sell an underlying asset at a future date. They play a critical role in hedging strategies and are also popular for speculation.

Why tech giants like Amazon may hesitate to adopt Bitcoin
Explore more articles like this

Conclusion: A New Era in Cryptocurrency Trading

As the cryptocurrency market continues to evolve, new tools and platforms are emerging that allow users to place their bets on future events and outcomes. The data from Polymarket and Kalshi suggests that traders are bullish on cryptocurrency markets for 2025, with high odds of record-breaking prices for BTC and ETH.