Prediction Markets Hit $68B in a Month as Sportsbook Stocks Sink

Crypto Insight Summary: Trading on sports prediction markets nearly doubled in the month football returned, while shares of the two biggest U.S. sportsbook operators fell to multi-year lows. Kalshi still dominates the market, though rivals are growing faster. A $68 Billion Month Combined notional volume in sports and combo contracts across the exchanges tracked by Aldrin Research rose […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Prediction market growth doesn't directly affect crypto markets.