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Markets · Investing · Business
Finance
Prediction Markets Are Booming, Crypto Markets Are Not. Here's What That Means for Crypto Investors
The bear market looks like a bigger reason for crypto's woes than prediction markets.
Per CoinGecko's 2026 Q2 Crypto Industry Report, prediction markets, where people trade contracts based on real-world outcomes like elections and sports, saw $113.8 billion in volume in the second quarter of this year, up by a whopping 48.7% from Q1. During the same three months, spot trading volume on the top 10 centralized crypto exchanges fell by 27.9%, and prices of leading assets like Ethereum(CRYPTO: ETH) shed 25.4%, with Bitcoin(CRYPTO: BTC) faling 14.2%.
Is this a case of unlucky timing for crypto, or is there a deeper problem?
Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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