Prediction Markets Are Not Draining Crypto | Business and Finance News

Prediction markets are exploding, raking in over $113 billion in Q2 — but it’s not all crypto cash fleeing. Most users are crypto newcomers, not speculators dumping Bitcoin or Ethereum. While crypto prices dip, money’s likely shifting to AI stocks, chips, or trading cards. Bitcoin and XRP stay relatively stable as institutional holdings, Ethereum’s more exposed via DeFi and meme coins, and Solana’s ecosystem — built on speculative altcoins — is most vulnerable. Enter Hyperliquid, which’s betting on the trend by adding outcome contracts. If the bear market deepens, many altcoins may vanish — but if a new bull run hits, this prediction market surge could just be a flash in the pan. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a961eb0de65def77