Cryptocurrency bettors are skeptical that NVIDIA Corp. (NASDAQ:NVDA) will close above $250 by the end of August, even as the AI giant’s blowout earnings continue to push the stock higher.
Polyamarket Bets on NVDA’s August Close
Polygon (CRYPTO: POL)-based Polymarket currently assigns only an 8% chance to the possibility, down from 50% the day before.
The odds of NVDA closing above $240 on Aug. 31 were 23%, compared with an 84% probability of a close above $200.
The stock closed at $200.75 on the last trading day in July and has gained 4.4% month-to-date. Over a 30-day period, the stock has gained 6.69%.
