In brief
Prediction market users are reflecting market uncertainty with swaying predictions on crypto price movements.
Bears have taken control in the market that asks for Bitcoin’s next stop—$100,000 or $120,000.
Users on Myriad think BNB’s market cap will outrank XRP next week.
Uncertainty in the crypto market has led to a tighter price range for top crypto assets like Bitcoin and Ethereum over the last week.
But odds on prediction markets have been much more volatile, as predictors slide from bullish to bearish alongside the broader market.
Top-moving markets this week include predictions on Bitcoin’s next stop, the battle between BNB and XRP, and the growth of the stablecoin market cap.
(Disclaimer: Myriad Markets is a product of Decrypt’s parent company, Dastan.)
Bitcoin’s next move: $120K or $100K?
Market Open: October 12Market Close: Open to resolutionVolume: $766KLink: See the latest odds on the “Bitcoin’s next hit: $120K or dip to $100K” market on Myriad
Bitcoin is stuck in a range, offering brief spurts up followed by slides back down. BTC was recently trading at $107,659, falling around 3.5% in the last 24 hours and now down 2% on the week.
That’s led predictors on Myriad to once more turn bearish, bringing odds of Bitcoin’s next stop being $120,000 down to 43% at the time of writing. Earlier this week though, the bullish side had once more climbed to around 75% in favor of $120,000.
Bitcoin and the broader market tumbled on the back of uncertainty from Fed Chair Jerome Powell’s comments regarding a December rate cut.
The top crypto asset by market cap now sits around 12% from the $120,000 mark and nearly 15% from its August all-time high, according to data from CoinGecko. While it’s been able to hold firm above $100,000 since the largest crypto liquidation of all time wiped out $19 billion worth of positions earlier this month (across all coins), its current range risks further contracts according to a recent Glassnode report.
Yet, some analysts see near-term catalysts, particularly as the shine has worn off gold a bit in the last week, opening room for Bitcoin to grow as the debasement trade stays on.
What’s Next? A trade deal with China may be resolved soon, but uncertainty about a December rate cut still stands, potentially putting a tamper on severe moves in either direction.
Will this be the longest government shutdown in U.S. history?
Market Open: October 15Market Close: November 5Volume: $28.9KLink: See the latest odds on the “Will this be the longest government shutdown in US history?” market on Myriad
The U.S. government shut down has reached 30 days, making it the second-longest shutdown in U.S. history.
Predictors on Myriad now overwhelmingly believe this one will surpass the 35-day shutdown from President Donald Trump’s first term, now giving 83% odds of “yes” in the Myriad market which asks if it will be the longest.
The market has been trending that way in the last 10 days, jumping from the mark of 47.5% in favor of “yes” on October 20.
A resolution could come down to the wire as Senators did not find a resolution on Thursday, and are now not slated to reconvene until Monday afternoon, according to a report from CBS News.
When they come back together, they’ll have just a couple of days to find a compromise and end the shutdown before it becomes the longest of all time.
President Trump is back in the United States after his travels to Asia—can he help push things along in the coming days? Predictors don’t think so.
What’s Next? The Senate is adjourned until 3pm ET on Monday.
BNB vs. XRP: Which will rank higher on November 2?
Market Open: October 28Market Close: November 1Volume: $43.8KLink: See the latest odds on the “Which will rank higher on November 2?” market on Myriad
Leading altcoins BNB and XRP both hit new all-time highs in 2025, nestling themselves inside the top 5 of crypto assets by market cap in the process.
Now, a new Myriad market on BNB Chain asks users which of the two market caps will rank higher on November 2.
As it stands on Thursday afternoon, their market caps are separated by less than $2 billion, or about a 1% move for each token, both of which trade just shy of $150 billion market caps at the time of writing.
The pair are both trending down in the last 24 hours, but BNB has remained stronger, dropping only 3.9% while the Ripple-linked XRP has dropped 7.8%.
That has led to a quick flip in the Myriad market, more than doubling odds of BNB’s market cap being higher on November 2 in the last 24 hours. As it stands, predictors now give BNB a 57% chance of holding the crown, compared to 23.2% on Wednesday evening.
The broader crypto market has tumbled after Fed Chair Jerome Powell said a December rate cut is “not a forgone conclusion,” adding a layer of uncertainty to market sentiment and putting a further damper on expected “Uptober” vibes as the month winds down.
If the market continues to tumble, will the XRP Army be strong…