Bitcoin · Decrypt
Bitcoin traded at $71,556 on Thursday, up 3.26% on the day
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Today’s move extends Bitcoin's sharpest rally in five months, with yesterday’s performance being the strongest one-day jump since March 4 and its highest price since June 1.
Key facts
- On Kalshi, traders gave Bitcoin only a 54% shot at clearing $67,500 in August and 31% at $70,000—both thresholds the rally blew through on Wednesday
- It resolves the moment Binance's BTC/USDT spot price touches either $84,000 or $55,000
- Bitcoin traded at $71,556 on Thursday, up 3.26% on the day, as bulls attempt to break the bearish trend for the first time in months
- Prediction markets turn crowd bets into live odds, and on Myriad, a market run by Decrypt 's parent company Dastan, traders were leaning roughly 70% toward a dump to $55,000 days ago
Summary
Bitcoin traded at $71,556 on Thursday, up 3.26% on the day and inside a $68,858–$72,408 band,. The move extends a Wednesday's 8.7% rip. On Myriad, the "pump to $84K or dump to $55K" market sits at a near 50-50 chances after leaning roughly 70% toward the dump days earlier. Bitcoin traded at $71,556 on Thursday, up 3.26% on the day, as bulls attempt to break the bearish trend for the first time in months.