As the New Year approaches, the prediction markets at Polymarket have opened for 2025. Following the excitement of the 2024 elections, sports betting has taken the lead. Currently, the top bet at Polymarket is the 2025 National Football League (NFL) draft with $465,998. On the other hand, other markets show a significant drop in trading volume. The price of Bitcoin with a $28,640 bet signals a 70% chance of reaching $120,000. Regarding the Federal Reserve interest rate, there is a 29% chance of two rate cuts. The probability of Putin stepping down from the presidency of Russia is 13%, and the probability of a Russia-Ukraine ceasefire is 71%. In the stablecoin market, there is a 16% chance of Tether instability. In the sports markets, Liverpool has a 71% chance of winning the English Premier League.
