Polymarket Predicts Extended U.S. Government Shutdown Impacting Bitcoin (BTC) Rally

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Polymarket Predicts Extended U.S. Government Shutdown Impacting Bitcoin (BTC) Rally

Polymarket bettors are wagering that the U.S. government shutdown will persist until October 15, with a high probability of resolution within a month. Bettors assign a 72% likelihood to the government reopening on or after October 15, backed by $1.4 million in volume from a $4 million contract for that period. Additionally, a contract on shutdown duration shows a 67% chance it lasts 10-29 days and only a 27% chance it exceeds a month, avoiding the record set during the Trump administration. Market analysts link the shutdown to Bitcoin's (BTC) surge past $125,000, as Congress remains deadlocked on funding bills to restart operations.
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