Bernstein Analyst: The Cryptocurrency Forecast Market is Making the U.S. Election Market More Efficient
Analysts from the brokerage firm Bernstein stated in a report to clients on Monday that despite cryptocurrency policy becoming an important issue in recent U.S. presidential elections, blockchain-based platforms like Polymarket are making the U.S. election market more efficient. Polymarket has simplified the complexity of the blockchain user experience, making it more similar to traditional tech products.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: In the past 24 hours, total liquidations across the network reached $268 millions, with long positions liquidated for $174 millions and short positions liquidated for $93.5061 millions.