Bitcoin rebounded in Asian trading as investors showed renewed confidence in the cryptocurrency market. The digital asset’s recovery coincided with activity on prediction platform Polymarket, where traders are placing bets on the duration of the current U.S. government situation.
Polymarket users are wagering that any potential U.S. government shutdown will conclude within a matter of days rather than extending into a prolonged period. This sentiment appears to be contributing to broader market optimism, with Bitcoin benefiting from the improved risk appetite among traders in the region.
The cryptocurrency’s morning gains reflect the interconnected nature of digital assets and traditional political events, as investors continue to monitor developments in Washington alongside their trading strategies.
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