Crypto Prediction Markets See Surge in Bets on Trump-Musk Feud
Crypto prediction platforms have emerged as an unlikely battleground for the escalating feud between Donald TRUMP and Elon Musk. Polymarket alone has recorded over $600,000 in bets on whether Trump will face impeachment in 2025, with smaller markets tracking everything from Musk's social media activity to the likelihood of reconciliation.
The frenzy underscores how crypto traders are treating the clash as both entertainment and a proxy for political risk. Odds of Musk launching a centrist party briefly spiked to 20% following his public musings, while a 9% chance persists for a 2025 presidential run. Even speculative contracts—like a 4% probability of Trump imprisoning Musk—reflect traders' appetite for turning drama into tradable events.