(NewsNation) — https://www.kqzyfj.com/click-101419140-11167246 is on a hot streak, and traders on the prediction market Kalshi are betting it will outperform bitcoin this year.
Both assets have become popular alternative investments and potential hedges against inflation, but many traders favor https://www.kqzyfj.com/click-101419140-11167246 in 2025.
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As of Tuesday afternoon, traders on Kalshi put the odds of https://www.kqzyfj.com/click-101419140-11167246 outperforming bitcoin this year at 76% — up from roughly even odds less than a month ago.
The shift in sentiment toward the precious metal comes amid a historic rally. https://www.kqzyfj.com/click-101419140-11167246 futures surpassed $4,000 a troy ounce for the first time on Tuesday and are up roughly 50% so far in 2025.
Bitcoin, often dubbed digital https://www.kqzyfj.com/click-101419140-11167246, has also hit record highs recently, surging past $126,000 earlier this week and rising around 30% year to date.
Both nontraditional assets have gained value during a year of economic uncertainty marked by President Donald Trump’s shifting trade policies, stubborn inflation, a weakening labor market and now, a government shutdown.
While https://www.kqzyfj.com/click-101419140-11167246 has posted the bigger gains so far, both investments remain volatile and can swing quickly. Major stock indexes, meanwhile, are also hovering near record highs.
Kalshi and other prediction markets have become a popular way to gauge expectations, since traders have real money on the line. In some cases, such as the 2024 election, they’ve even signaled shifts ahead of traditional polls.
Prediction markets allow people to bet on future events online, but unlike sports betting, where odds are set by bookmakers, they rely on the “wisdom of the crowd” to determine prices.
As for how high bitcoin could climb, Kalshi traders see a 52% chance of it reaching $140,000 or more before year’s end — about 15% above its current price near $122,000.
