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Government Shutdown Odds Just Dropped: Bitcoin Traders Are Reading It Wrong

Shutdown Odds Just
International Business Times Fews App News Provider
Fews App Post Time 16h ago

The House passed a stopgap funding bill 220-205 on July 21, shoving the government's spending deadline from September 30 to December 4 and conveniently clear of the midterms. Prediction markets repriced instantly, with implied odds of an October 1 shutdown on Kalshi falling from roughly 59% to 48%. Here's the tension traders keep missing: a lower probability is not a resolved dispute.

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