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88% of users of betting platform Polymarket expect the US government shutdown to end this week

Results of a poll conducted by decentralized betting platform PoleMarket indicate that the majority of respondents expect the US government shutdown to end between November 12 and 15.

PolyMarket users bet on end of government shutdown

According to a poll titled “When will the government shutdown end?” », 88% of participants on the Polymarket betting platform expected the US government shutdown to end by Friday at the latest, an overall increase of more than 50%. On the morning of November 7, only 30% of participants expected this political imbalance to end within the same time frame.

If these expectations come true, it will mean the end of the longest government shutdown in American history.

Democratic minority pushes to resolve crisis

The latest betting figures on the Polymarket platform coincided with U.S. lawmakers nearing a deal that would formally end the nearly month-long lockdown, and a minority of Democrats on Sunday helped advance a deal that would fund the U.S. government through January in exchange for Republicans agreeing to hold a vote in mid-December on extending health care tax breaks.

The agreement requires the formal approval of the House of Representatives and the signature of the current US President, Donald Trump. However, not all Democratic lawmakers were happy with their colleagues’ decision to make the deal.

On Sunday, Senator Elizabeth Warren, Democrat of Massachusetts, said on X (formerly Twitter) that voting for the bill would be “the biggest mistake.”

She added, explaining: “I will not support a deal that does not serve to reduce the cost of health care… We are in a state of health care emergency, and extending these tax breaks for another year will cost less than the $40 billion bailout package presented by Donald Trump for Argentina.”

If the government reopens, it will allow U.S. lawmakers to continue developing digital asset policy in a political climate favorable to the crypto market.

The post 88% of Polymarket Betting Platform Users Expect US Government Shutdown to End This Week appeared first on Cryptonews Arabic.

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