Polymarket Traders See 73% Chance of Hormuz Strait Reopening by May 31
Cointelegraph
Polymarket traders estimate a 73% probability that the Strait of Hormuz will return to normal traffic by May 31 following a ceasefire.Summary
Polymarket traders currently place a 73% probability on the Strait of Hormuz returning to normal traffic by May 31, 2026. This follows an announcement from Iranian Foreign Minister Seyed Abbas Araghchi that the waterway is open for commercial vessels during a temporary ceasefire. While Bitcoin prices surged briefly toward $78,000 following the news, analysts warn that the truce is fragile and geopolitical tensions may continue to impact financial markets and interest rate outlooks throughout the year.
(Source：Cointelegraph)