Polymarket, the cryptocurrency prediction market, is currently seeing a massive increase in bets on whether Bitcoin will hit $100,000. The cryptocurrency is amid a surge, growing to $89,000 on the morning of November 12. It has begun to slump back down to the $87,000 mark. Part of this has been attributed to incoming President Trump, who is seemingly backing Bitcoin. As of right now, $13.3 million has been bet on Bitcoin’s price in November, with one of the bets estimating that it will land at $105,000.

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