Bitcoin $62K June 7 Contract Falls to 18.5% as Cascade Selling Goes Market-Wide
At 18.5% as of 22:21 UTC Saturday — a 23-point collapse in 24 hours — the Bitcoin $62k noon contract gives BTC less than 1-in-5 odds with resolution fewer than 18 hours away.
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The Polymarket contract on whether Bitcoin clears $62,000 at noon ET Sunday has crashed to 18.5% — from 41.5% at the start of Saturday's session — as Mt. Gox cascade fears continue to suppress any Yes recovery, with fewer than 18 hours remaining before the Binance 1-minute close determines the outcome.
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