Polymarket odds of Bitcoin under $55K at 72% as BTC market cap dives
Bitcoin’s market cap dropped to $1.31 trillion, slipping to 15th globally as prices dipped below $65,000, fueling rising bearish bets on Polymarket.
Last updated: 2026-02-23 21:42:17 ET
Bitcoin’s market cap dropped to $1.31 trillion, slipping to 15th globally as prices dipped below $65,000, fueling rising bearish bets on Polymarket.
Futures traders slashed bearish Bitcoin bets last month, a shift that preceded a 70% rally in 2025 and a 190% increase in the BTC price in 2023.
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