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Markets bet on whether gold will outperform Bitcoin in 2025

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Kalshi has reported 27,558 in volume over the last 24 hours on their market for “Will gold outperform Bitcoin in 2025?”, making it one of the hottest markets on the platform today.

The market currently is implying a 98% chance for "In 2025", which is neutral from yesterday, when the market implied a 98% probability.

If gold outperforms Bitcoin in 2025, then the market resolves to Yes.

In total, this market has seen a volume of 169,020 transactions since it was first opened on August 13, 2025. There are 82,025 positions of open interest in this market, and the overall liquidity is sitting at 4,662,775 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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