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What price will Bitcoin hit on June 25?

Polymarket vs Kalshi vs Betfair vs Smarkets for "What price will Bitcoin hit on June 25?" — live odds, fees and KYC side-by-side.

5% YES 95% NO Volume: $260K Liquidity: $160K Closes: 26 Jun 2026
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What price will Bitcoin hit on June 25?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Kalshi Alternative UK Pick
polygram.ink
5% 95% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open on Kalshi Alternative UK →
Polymarket
polymarket.com
5% 95% 0% Geo-blocked in US/UK/EU USDC, on-chain Open on Kalshi Alternative UK →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Open on Kalshi Alternative UK →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Open on Kalshi Alternative UK →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Open on Kalshi Alternative UK →

Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on Kalshi Alternative UK.

Active sub-markets

↓ 56,0005% YES95% NO
↓ 55,0002% YES98% NO
↓ 54,0002% YES98% NO
↑ 68,0000% YES100% NO
↑ 67,0000% YES100% NO
↑ 66,0000% YES100% NO

Market context

The real-world event is the closing price of Bitcoin on 25 June 2026, a single data point that determines whether the market settles YES or NO. With the crowd-implied probability at just 5% for a specific price target, traders are effectively betting against a sharp upside move in the final hours of the settlement window.

Historically, Bitcoin has shown extreme volatility in June, dropping to $17,708 in June 2023 during a crypto winter, yet surging to $126,198 in October 2025 before retreating to around $60,000 in early 2026 [5]. Current pricing sits at $60,909 on 25 June 2026, down 2.78% from the previous day and 42.53% from one year ago [2]. This recent decline mirrors the pattern where prices fall after reaching all-time highs, suggesting the 5% probability reflects a market expecting continued consolidation rather than a breakout.

Traders should monitor institutional adoption announcements and global M2 money supply trends, as a paper cited in recent analysis predicts Bitcoin could reach $444,000 by mid-2026 if institutional demand accelerates [4]. However, with the price currently near $61,000, the gap to that target remains vast, and the settlement deadline of 26 June 2026 leaves little time for such a surge. Platforms like Polymarket offer decimal odds without KYC, whereas Kalshi and Betfair require identity verification and use implied probabilities, creating divergent liquidity and fee structures for this specific market [8]. The fee disparity and KYC reach mean that retail traders may find Polymarket more accessible, while institutional players might prefer regulated venues despite higher costs.

Sources: 1 · 2 · 3 · 4 · 5

Methodology

We read What price will Bitcoin hit on June 25? from four platform perspectives: Polymarket (on-chain CLOB), Kalshi (CFTC-regulated exchange), Betfair Exchange (sports book exchange), Smarkets (peer-to-peer betting exchange). Polymarket's live quote comes directly from the Polygon order book; the other three are listed with their platform attributes — fees, KYC, settlement currency, payment options — because a 1:1 contract comparison without API access would be guesswork.

Resolution & payout

Polymarket settles via UMA Optimistic Oracle on Polygon. A proposer posts the outcome with a bond, the two-hour window runs, then the smart contract pays USDC.

Kalshi settles USD through the CFTC-regulated clearinghouse — the cleanest variant, with heavier KYC. Betfair Exchange settles in account currency (GBP/EUR), net of 2-5% commission. Smarkets follows the same model as Betfair with a lower default 2% commission.

FAQ

Where can I trade this market with the lowest fees?
On Kalshi Alternative UK, which mirrors the Polymarket order book at 0% fees. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
Is this market available outside the US?
Kalshi Alternative UK is available in most jurisdictions where Polymarket isn't directly accessible. Polymarket itself is geo-blocked in the US/UK/EU. Always check local regulations.
How does resolution work?
Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
How fast are USDC deposits?
Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
How reliable are the quoted odds?
The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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