Predictors on the Myriad prediction platform give Bitcoin a 19% chance of a new all-time high before July after the asset slid below $90,000 following a brief move above $97,000 earlier this month (market volume: $16K). See the New BTC all-time high market and the Myriad markets page for current odds.
The market must top the prior peak near $126.1K to resolve in favor of a new all-time high, while BTC recently traded around $89.3K. Investors withdrew about $709 million from Bitcoin ETFs on Wednesday, and odds of a January rate cut have fallen per the Federal Reserve calendar.
In a long-running race market, Gold sits near $4,938 and now holds a 94% chance to reach $5,000 before Ethereum, whose price is about $2,948 (market volume: $140K). Gold will need only a small move to settle the market (Ed. note: gold is roughly $62 from $5,000). See the Gold versus ETH market.
The Zcash market now favors a drop to $250 at 62%, after ZEC fell about 13% in 30 days and trades near $364 (volume: $8.3K). Developers at Electric Capital Company left following a governance dispute, and analysts say the token is unlikely to see “a massive divergence” from broader crypto trends; check the Zcash next move market.
