Israel-Iran tensions trigger over $7 million crypto betting volume spree on Polymarket
The Israel-Iran conflict has triggered a wave of speculation across the crypto sector, with traders pouring millions into prediction markets.
On Polymarket, a decentralized platform that allows users to wager on real-world outcomes, betting volume linked to the crisis has now exceeded $7 million across over 20 markets.
Tensions escalated sharply on June 13 when Israel carried out a preemptive strike on Iranian targets. The operation reportedly aimed at crippling Iran’s nuclear program and missile capabilities and resulted in the deaths of high-ranking military officials and nuclear scientists.
Israel-Iran faceoff spikes Polymarket volume
Polymarket data shows that this dramatic development has fueled intense activity. Participants have…
