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Myriad prediction market signals low chance of crypto winter

Myriad traders see just 9% chance of crypto winter as major cryptocurrencies recover

Catenaa, Thursday, December 04, 2025-Traders on Myriad, a prediction market platform, see just a 9% probability of a crypto winter, down from 30% last week, as Bitcoin and Ethereum prices rebound.

Bitcoin rose above $91,500 on Tuesday, climbing 6% over 24 hours, while Ethereum gained 7.3% to $2,990 ahead of the Fusaka upgrade, which will alter how Layer 2 data is processed on the Ethereum mainnet.

Despite the short-term gains, BTC remains roughly 27% below its October all-time high of $126,080, and ETH is down more than 20% over the past month.

The Myriad market defines crypto winter as an extended market downturn meeting at least three of four conditions: Bitcoin dropping to $35,000, Ethereum to $1,000, MicroStrategy falling to $50, or total crypto market capitalization falling to $350 billion.

The prediction market’s shift reflects traders’ growing confidence in a continued market recovery after a six-week slump.

Analysts attributed Monday’s minor downturn to hawkish signals from Bank of Japan Governor Kazuo Ueda, and investors are closely monitoring the upcoming US Federal Open Market Committee meeting for potential impacts on digital asset prices.

While the last crypto winter lasted from late 2021 to 2023, triggered by the collapse of Terra/Luna and FTX, experts say current market conditions show resilience despite recent volatility.

Traders appear increasingly optimistic that digital assets will avoid another prolonged downturn, even as price corrections continue to shape investor sentiment.