Recession Odds Fall Below 50% On Polymarket As Crypto Bettors Digest US-China Trade Deal News
Posted On May 12, 2025
Odds that the U.S. would plunge into recession in 2025 dipped below 50% on decentralized prediction market Polymarket after the U.S. announced a trade deal with China on Sunday.
What Happened: Bets in favor of a betting contract titled “US recession in 2025?” dropped from 52% to 49% over the last 24 hours on the Polygon (CRYPTO: POL)-based platform.
As of this writing, bookmakers have wagered over $5 million on the bet. The outcome resolves to “Yes” if the economy experiences another quarter of negative …
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