The probability that Bitcoin will reach $62,500 in August dropped from 49% to 14% on 2026-08-19.
On 2026-08-19, the Polymarket contract titled "Will Bitcoin dip to $62,500 in August?" shifted from 49% to 14%.
The DRM3 Polymarket instrument recorded a 36-point fall on $741,437 of volume for that specific market.
The read here is that traders have significantly reduced their pricing for a drop to that specific level within the month.
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