The majority of Polymarket bettors are predicting that the U.S. government shutdown will end sometime between November 12 and 15, a poll on the decentralized prediction market shows.
Polymarket Bettors Place Bets On Government Shutdown
According to the poll titled “When will the Government shutdown end?” 88% of participating Polymarket bettors believe the U.S. government shutdown will come to an end on Friday at the latest.
That figure marks an over 50% increase overall, with just 30% of bettors predicting the political dysfunction would end within the same timeframe on the morning of November 7.
Should the Polymarket bettors’ prediction come true, it would signify an end to the longest government shutdown in American history.
Democratic Minority Breaks From the Fold
News of the prediction market’s latest figures comes as U.S. lawmakers inch closer toward finally reaching an agreement that would formally put an end to the nearly month-long shutdown.
A minority of Democrats helped to advance a deal on Sunday that would see the U.S. government funded through January in exchange for Republicans agreeing to a mid-December vote on prolonging health care tax credits.
The deal also needs to be officially approved by the House of Representatives and signed by current U.S. President Donald Trump.
However, not all Democratic lawmakers were thrilled with their colleagues’ decision to strike a deal.
On Sunday, Senator Elizabeth Warren (D-MA) took to X to claim that voting for the bill would be a “mistake.”
“I will not support a deal that does nothing to make health care more affordable,” Warren said. “We are in a health care emergency. A simple one-year extension of these tax credits would cost less than Donald Trump’s $40 billion bailout for Argentina.”
Should the government reopen, it would allow U.S. lawmakers to pursue developing digital asset policy under a crypto-friendly political atmosphere.
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