Institutional investors are raising their crypto allocations, pushing the Polymarket contract on Bitcoin reaching $100,000 by end of 2026 to 38% YES, up from 30% a week ago.

Market reaction

The $100,000 market’s 8-point climb over the past week tracks with reports that 66-75% of institutions plan higher crypto allocations. The $150,000 target for Bitcoin by end of 2026 is far less popular, sitting at 10% YES, with a slight dip from 10% to 9.5% in the last 24 hours.

Why it matters

Trading volume tells the real story. The $100,000 market sees $1,776 in daily USDC volume, while the $150,000 market moves only $411. The $100K contract is thin: $10,824 would shift the price by five points, meaning individual large…