Cryptocurrency bettors on Polymarket were growing confident that the U.S. would take military action against Iran as President Donald Trump demanded “unconditional surrender.”
What happened: The odds for the betting contract titled “US military action against Iran before July?” jumped from 48% to 66% in the last 24 hours.
About $10.8 million has been wagered on the outcome, making it one of the hottest bets on the Polygon (CRYPTO: POL)-based decentralized prediction market. The market would resolve to “Yes” if the U.S. initiates a military action on Iranian soil, airspace, or maritime territory, or against …