Bitcoin held above $71K but broader crypto sold off Thursday morning in Asia even as U.S. equities surged on Iran ceasefire news – a notable decoupling that pushed BTC dominance to nearly 59%.
Polymarket's infrastructure overhaul is the most visible signal yet that prediction markets are evolving from a crypto sideshow into institutional-grade financial infrastructure. But professionalisation brings its own risks.
A new Morph report documents a market that has grown 60-fold in five years and identifies the region's payment corridors and autonomous AI systems as the next major demand drivers.
Bitcoin surged past $72,000 on the ceasefire announcement, but ETF flow data suggests institutions were selling into the move rather than adding to it.