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
7630
Data: Polymarket, updated every minute. · Ends Jan 1, 2027
This market will resolve according to the company that owns the model that has the highest rank based on the arena.ai Code Arena | WebDev Leaderboard when the table under "Code Arena | WebDev" filtered for "Models" is checked on December 31, 2026, 12:00 PM ET.
Results from the "Rank" column under the "Code Arena | WebDev" Leaderboard tab at https://arena.ai/leaderboard/code/webdev (Overall) filtered for "Models" will be used to resolve this market.
Note: Models marked “AutoEval” at the applicable check time will not be considered, regardless of whether they display a rank or score.
Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by which model is listed higher on the leaderboard. If a tie still remains, alphabetical order of company names as listed in this market group will be used as a final tiebreaker (e.g., “Google” would be ranked ahead of “SpaceXAI”). This market will resolve based on the company that occupies first place under this ranking.
The resolution source for this market is the arena.ai Code Arena | WebDev Leaderboard. 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 to "Other".
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.
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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.
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.
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