Bitcoin slides below $80,000 as tech stocks slump and ETF outflows intensify
Bitcoin fell to $76,861 amid falling Treasury yields, weak tech equities and record outflows from US spot Bitcoin ETFs, challenging a near‑term recovery.
CCOINMAG
7780
Data: Polymarket, updated every minute. · Ends Jan 1, 2027
This market will resolve to "Yes" if the listed company has the highest arena rank based on the Chatbot Arena LLM Leaderboard (https://lmarena.ai/) by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No."
Results from the "Rank" column under the "Text Arena | Overall" Leaderboard tab at https://lmarena.ai/leaderboard/text with style control off will be used to resolve this market.
If a listed model ties for #1 Arena rank, it will suffice to resolve this market to "Yes."
The resolution source for this market is the Chatbot Arena LLM Leaderboard found at https://lmarena.ai/. If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve based on another resolution source.
Bitcoin fell to $76,861 amid falling Treasury yields, weak tech equities and record outflows from US spot Bitcoin ETFs, challenging a near‑term recovery.
Next Technology’s board approved a plan to sell or pledge its 5,833‑bitcoin treasury, citing the recent Binance breach and emerging quantum‑computing threats.
China's STAR50 tech index lost about $480 billion, a 40% drop since July, while Bitcoin rose roughly 27% over the same period, highlighting divergent market dynamics.
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
The market resolves by the rules below. Polymarket uses the UMA optimistic oracle: anyone can propose the outcome and dispute it during a challenge period.
Yes, where Polymarket is available. You connect your own wallet; the bet goes to Polymarket and the money never passes through COINMAG.
Cregis will supply security and custody infrastructure for Remi Technology’s cross‑border digital asset network, aimed at banks and regulated institutions.
