Prediction platform Polymarket recently launched a new feature that lets users bet on cryptocurrency price movements every five minutes.
The event signals rising demand for real-time crypto sentiment data among traders and investors.
Real-Time Sentiment Drives Short-Term Contracts
For now, the new market is limited to Bitcoin, though support for major altcoins is expected to follow.
Price will update dynamically, in tune with market sentiment and immediate price reaction. All trades will be executed on-chain to ensure transparency and security.
The feature targets day traders and crypto enthusiasts looking for a fast-paced experience. With Bitcoin’s recent dip, price swings have grown increasingly erratic, amplifying short-term volatility.
The initiative builds on existing contracts with varying durations, ranging from 15-minute and hourly intervals to four-hour time frames. It also comes as prediction markets are seeing exponential growth in usage, with individual polls recording trading volumes in the hundreds of millions of dollars.
It also reflects growing concern that shifting attention toward these platforms could distort crypto’s core purpose and use cases.
Market Weakness Fuels Betting Activity
Among the wide range of polls offered by prediction platforms such as Polymarket and Kalshi, a significant share involves crypto bets. More specifically, many of these contracts focus on forecasting the future price of major digital assets.
Interest in these wagers has surged in recent months.
Tens of millions in trading volume have been directed toward Bitcoin’s February price alone, alongside heavily traded contracts linked to Ethereum, XRP, and Solana.
These forecasts have gained traction as the broader crypto market struggles to regain momentum. In this environment, volatility itself appears to be fueling participation, with traders using market weakness as an opportunity to place short-term bets.
While the proliferation of such polls has generated substantial trading activity, it is also drawing capital and attention away from underlying fundamentals.
Instead of sustained focus on integration or real-world use cases, crypto narratives risk shifting toward probabilities and crowd positioning.
Polymarket’s new five-minute betting feature further amplifies that dynamic.
If price-based wagering continues to attract more capital than long-term allocation, the market could increasingly revolve around price movements rather than durable value creation.
The post How Polymarket Is Turning Bitcoin Volatility Into a Five-Minute Betting Market appeared first on BeInCrypto.
