Bitcoin rallies past $97K as Polymarket odds show 72% chance of hitting $100K this month
Crypto Briefing
Bitcoin surged past $97K, boosting market sentiment, with Polymarket odds showing a 72% chance of reaching $100K this month.Summary
Bitcoin experienced a significant rally, surging past $97,300 to reach an eight-week high, marking a gain of over $10,000 since the start of 2026 when it was near $87,000. This momentum has led traders to increase their bullish bets, reflected by Polymarket odds indicating a 72% probability of Bitcoin hitting the $100,000 milestone before the end of January. The broader crypto market benefited from this surge, rising over 4% in 24 hours, with Ethereum nearing $3,400 and Solana hitting $148. The rapid price movement also triggered substantial liquidations totaling $783 million in the last day, predominantly wiping out short positions across BTC and ETH futures.
(Source：Crypto Briefing)