Bitcoin downside contracts draw Kalshi activity as lower threshold price falls
PredictionMarketPicks reports the Kalshi contract on Bitcoin being below 55,000 dollars by January 1, 2027 traded 13,000 contracts in 24 hours at 13 cents, with 614,000 open interest. The next crypto contract, Bitcoin below 50,000 dollars by the same date, was priced at 9 cents after a 3 cent fall.
According to PredictionMarketPicks, Kalshi’s most-traded crypto contract was the market on Bitcoin being below 55,000 dollars by January 1, 2027. It traded at 13 cents, with 13,000 contracts changing hands over 24 hours.
Activity concentrates on Bitcoin thresholds
The report, published Oct 31, 2026 at 4:15 PM ET, put open interest in the 55,000-dollar contract at 614,000. That measure of outstanding positions is distinct from the reported 24-hour trading volume.
The next crypto contract in the report covered Bitcoin being below 50,000 dollars by the same date, January 1, 2027. Its price stood at 9 cents following a 3 cent decline.
Both contracts concern downside price thresholds for Bitcoin, but the lower threshold carried the lower contract price. The supplied figures show a price decline only for the 50,000-dollar contract; they do not establish how the 55,000-dollar contract’s price changed.
What it means for prediction markets
- The 55,000-dollar contract led reported crypto trading activity, with 13,000 contracts traded in 24 hours and 614,000 in open interest.
- Prices of 13 cents and 9 cents distinguish market pricing for the two thresholds sharing the January 1, 2027 date.
- The 3 cent decline applies to the 50,000-dollar contract. Without a comparable price change for the other contract, the report offers limited evidence of a broader shift in Bitcoin downside expectations.
Sources & attribution
- Published
- Source
- PredictionMarketPicks
- Publisher
- The publisher did not list a web address.
- Source URL
- The feed did not publish this story's article address.
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to PredictionMarketPicks”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.
Related
- Philadelphia 76ers become the first NBA team to name Kalshi its official prediction market partner, Covers reports
- Notre Dame priced at 97 percent against Navy at 3 percent on Kalshi with about 2.9 million dollars traded, SportsBettingDime reports
- JD Vance leads the 2028 Republican nominee market at 37 percent, ahead of Marco Rubio at 20 percent, DeFi Rate reports
- Worth More Than the Bookies Combined
- Polymarket share of prediction market trading falls to 27 percent as Kalshi trades nearly three times its volume, CryptoBriefing reports
- San Antonio Spurs are the NBA title favorites at 22 percent on Kalshi and Polymarket US, with Victor Wembanyama the MVP favorite at 32 percent, DeFi Rate reports