Polymarket Introduces 5-Minute Bitcoin Price Prediction Market

Polymarket has introduced a new 5-minute Bitcoin price prediction market, allowing users to bet on whether the cryptocurrency will rise or fall within a short time frame.

The market, which is based on information from Chainlink's BTC/USD data stream, will resolve to 'Up' if the closing price of Bitcoin at the end of the specified time range is greater than or equal to the opening price. Conversely, it will resolve to 'Down' if the closing price is lower.

Users should note that the market resolution source is Chainlink's BTC/USD data stream, and not other sources or spot markets. Live data may be delayed by a few seconds and can be influenced by price activity on other exchanges and broader market conditions.