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Bitcoin Traders Lift Below-$70K Bets as May Deadline Nears

2026-05-31 16:22:28

Abstract generation in progress

Prediction market users raised odds that Bitcoin will fall below $70,000 before May ends, but Polymarket still priced the move at 26%. Bitcoin fell 3% in the last 24 hours to $72,739. Crypto liquidations reached nearly $924 million in the last 24 hours, and Bitcoin ETFs lost more than $1 billion in the last two trading days.

BTC-0.54%

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