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Bitcoin Odds of Falling Below $70K Rise to 27% on Myriad, 26% on Polymarket by End of May

GateNews
Prediction Market
BTC-2.4%
According to Polymarket and Myriad prediction markets, odds of Bitcoin falling below $70,000 before May ends have risen sharply in the past 24 hours, now standing at 26%-27% on the respective platforms. Bitcoin was recently trading at $72,739, down 3% in 24 hours, with Myriad's under-$70,000 odds jumping over 240% overnight. The price decline has been fueled by $924 million in crypto liquidations over the past 24 hours and significant ETF outflows, with more than $1 billion exiting Bitcoin ETFs in the last two days alone, per Farside Investors data.
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