Editor's PiCK
Possibility of prolonged government shutdown↑…Polymarket "54% chance of being lifted after the 16th"
Summary
- Polymarket reported that the probability that the government shutdown will be lifted after November 16 rose to 54%.
- Meanwhile, the probability of reopening between the 12th and 15th was calculated at 32%, and between the 8th and 11th it fell to 12%.
- It said that because the U.S. Congress failed to pass the consent bill to lift the shutdown, future investment uncertainty could increase.
After the U.S. Congress failed to pass a consent measure related to lifting the shutdown held the previous day, Polymarket showed that the likelihood of the shutdown being lifted after the 16th increased.
On the 8th (local time), the decentralized prediction platform Polymarket saw large fluctuations in the predicted probability of the U.S. government reopening, and the probability that "the government will reopen after November 16" rose to 54%.
The probability that it would "reopen between the 12th and 15th" was calculated at 32%, while the probability that it would "reopen between the 8th and 11th" fell to 12%.
Earlier, the U.S. Congress failed to pass the S.3012 consent bill, known as the 'Shutdown Fairness Act.' The bill was reported to be designed to guarantee pay and allowances to excepted employees and service members during a government shutdown.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
