Polymarket Launches 5-Minute Bitcoin Price Speculation Market

A Polymarket bet on Bitcoin's price movement has been opened, allowing users to speculate on whether the cryptocurrency will go up or down in the next 5 minutes.

The market is based on Chainlink data and will resolve to 'Up' if the price at the end of the time range is greater than or equal to the initial price. Conversely, it will resolve to 'Down' if the price at the end of the time range is less than the initial price.

Live data may be delayed by a few seconds and can be influenced by price activity on other exchanges and broader market conditions. It's essential for users to note that this market is specifically based on Chainlink's BTC/USD data stream, available at https://data.chain.link/streams/btc-usd, and not on other sources or spot markets.