The spike in Polymarket odds comes just days after United States President Donald Trump said “we’re probably going to end up in another Democrat shutdown.”
Polymarket betters are pricing in a 77% chance that the US government will shut down again before the end of January, marking a 67% increase over the past 24 hours.
It comes as the CLARITY Act, a significant crypto bill aimed at providing more clarity around regulations, is still making its way through Congress, with previous delays largely blamed on the record 43-day US government shutdown in October and November.
Political commentator Collin Rugg highlighted the surging Polymarket odds in an X post on Saturday, noting that it came shortly after US Senator Chuck Schumer announced that Senate Democrats would not “provide the votes to proceed” to the appropriations bill if funding for the Department of Homeland Security (DHS) is included.
