Polymarket odds slide to 61.5% on Hormuz traffic normalizing by Dec. 31
The post Polymarket odds slide to 61.5% on Hormuz traffic normalizing by Dec. 31 appeared on BitcoinEthereumNews.com. Jessie A Ellis Jul 09, 2026 22:03 Washington said it will lift Syria’s “state sponsor of terrorism” label in 45 days unless Congress blocks it, after Trump met President Ahmed al-Sharaa at a NATO summit in Turkey. Polymarket odds slide to 61.5% on Hormuz traffic normalizing by Dec. 31 Polymarket Reprices “Strait of Hormuz Traffic Normal by Dec. 31” After Syria Terror-List Headline On Polymarket, the contract “Strait of Hormuz traffic returns to normal by December 31?” now implies 61.5% for Yes on $4,710,886 in volume, after a sharp drop from 85.5%. The repricing follows a separate geopolitical headline, and the move highlights how quickly prediction markets can de-risk expectations versus slower narrative drift. Key Takeaways Polymarket currently prices “Yes” at 61.5% (No 38.5%) that Strait of Hormuz traffic returns to normal by Dec. 31. Traders cut th