Cryptocurrency bettors sharply raised their odds on Monday that the United States and Iran would strike a nuclear deal in 2025 after President Donald Trump confirmed a ceasefire in the ongoing Middle East conflict.
What Happened: The odds for the betting contract titled “US-Iran nuclear deal in 2025?” soared from 34% to 51% in the last 24 hours on the decentralized prediction platform Polymarket.
More than $2 million has already been wagered on the outcome, and the market will vote “Yes” should an official agreement be reached between the U.S. and Iran over Iranian nuclear research and/or nuclear weapon development …