The crypto market is in a bloodbath, but Polymarket is not. According to on-chain data from CoinGecko, the global crypto market cap today stands is $2.76 Trillion. The market has lost 8.0% value in the last 24 hours. While this is a market pain, traders on Polymarket are making a killing on predictions of what the future crypto market under Trump looks like.
Polymarket is a big part of the Trump market as is crypto. During the last American election cycle, the betting platform was a big part of the market sentiment towards Trump-Vance and Kamala-Waltz.
Now, Bitcoin is down 21.8% in the last month. Ethereum is suffering the most. The coin is down 31.9% in the last month and 36.2% in the last year. On the other hand, XRP is down 33.5% in the last month, barely hanging on the $2 mark.
It’s a bloodbath for all. Gold extended its decline on Friday, falling over 1% to trade around $2,863, pressured by ongoing uncertainty surrounding US trade policies. Moreover, Oil prices slipped 1% on Friday, with both Brent and WTI benchmarks poised for their first monthly drop since November.
Lastly, stocks fell sharply, with the S&P 500 leading the decline, finishing the day down by almost 1.6% at 5,860. Meanwhile, the Nasdaq 100 dropped nearly 2.75%, closing at 20,550. This decline was primarily driven by Nvidia, which fell 8.5% to end the day at 120.
Ripple’s native token clocked a 7-year high of $3.04 in the second month of 2025, which Polymarket had predicted would happen. The decentralized market betting platform had only foreseen XRP reaching $2.80, 12% less than the token actually clocked.
Now, over 98% of Polymarket participants see the third-largest token by market cap not reaching its all-time high values in March. Owing to the current market’s bearish outlook, we could say they aren’t making a prediction, they’ve made a spoiler.
The most “frowned upon” cryptocurrency in 2025 so far has counted losses on losses in the past few weeks; not many investors really want to hold on to the crypto right now. Accusations of dumping, the lack of confidence from some developers in the Ethereum Foundation; it’s no question that most bets on Ethereum are all on the negative side.
We have more bad news for hodlers; Polymarkets predicts ETH will not reach an all-time high value in February, and we don’t have to tell you the result. For the next two months, only 3% are head-strong, and the coin goes near $4,500, let alone hit a new all-time high value.
As earlier pointed out, Bitcoin is in a bit of a crisis. According to on-chain data, Bitcoin is currently trading at $84,113, down 14.4% in a week. Well, Polymarket traders have another thought in mind. There are predictions and bets put in that Bitcoin will hit $200k by the end of March.
There are other bets that BTC will clock $150K, 130K, 120K, and what looks like a realistic $110K. The one driving factor, Trump, is no longer a market factor for how the market outlook will play out.
The SEC has been ending cases against crypto since the new administration handover, but that has done little to push a positive market sentiment. What else could push the crypto market to earlier market prediction? Perhaps Bitcoin believers who stand by Satoshi Nakamoto.
To say 2025 has been an eventful year for artificial intelligence is an understatement, but if you have experienced every model out there right now, the more the merrier, right?
Well, Polymarkets says that by March 31, all you will need is a model from Sam Altman’s OpenAI, Elon Musk’s xAI, and Anthropic’s Claude AI, in that specific order. Interestingly, only 12% of bettors predict that Chinese-made AI models will top efficiency and user charts by April.
In addition to the “thumbs down” vote that Asian platforms have been given, 96% do not want DeepSeek to climb above the rank of any US-based AI chatbot. Grok isn’t the people’s choice either, with only 24% predicting the model will clinch the top spot in AI rankings come May 2025.
Elon Musk and the Department of Government Efficiency (DOGE) have certainly made federal employees in Washington jittery. The Trump administration insists that the department is doing “what’s best for America,” but liberals do not want to give Musk and his team any benefit of the doubt. What’s Elon’s answer? Audit every government department.
In DOGE’s crosshairs is tax agency Internal Revenue Service (IRS), which 76% believe will get audited before April 30. Will there be lawsuits to prevent that from happening? No markets are available for that, but it’s a little too obvious how Democrats are moving now, so we’ll leave that up to you to figure out.
On February 20, President Donald Trump said he would personally check the US Army Installation known for keeping the country’s gold reserves, Fort Knox.
“We’re going to go to Fort Knox, the fabled Fort Knox, to make sure the gold is there,” Trump told reporters boarding the Air Force One.
Polymarkets see a 66% chance of that happening before May, and what the Trump administration will find remains to be seen.
Against the backdrop of checking if the US still has gold reserves, 24% are calling for the Tesla CEO to look into what Jerome Powell and the Feds are up to. Why? Because some market analysts believe the only way for the current crypto market bloodbath to stop, is to bring down interest rates. Will it happen? 95% of bettors say no chance!
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