Crypto▲ Bullish
Prediction markets hit $44.8B in monthly volume; Bitcoin slides 50%
Polymarket and Kalshi hit a record $44.8 billion in June volume on World Cup betting, while Bitcoin slid to $64,000. The CFTC comment period on a proposed rule closes July 27.
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Polymarket and Kalshi hit a combined $44.8 billion in monthly trading volume in June 2026, driven largely by the FIFA World Cup. Bitcoin ($BTC) traded near $64,000, roughly 50% below its October 2025 peak of $126,000.
World Cup betting turned the two platforms into de facto global sportsbooks, according to Galaxy analysts. Those analysts had previously forecast weekly Polymarket volumes would surpass $1.5 billion in 2026. The June numbers surpassed those forecasts, the analysts noted. 21Shares projects annual prediction market volume will exceed $100 billion by year-end 2026.