Polymarket Predicts Probability of "Bitcoin Falling to $75,000 in May" Rises to 54%
BlockBeats News, May 17th, as Bitcoin dropped below $79,000, the probability on Polymarket of "Bitcoin May price falling to $75,000" increased to 54% (from 31% on May 15th). Furthermore, the probability of dropping to $70,000 is 17%, and rising to $85,000 is 19%.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
