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Bitcoin pushed past $77,000 on Friday, gaining 1.5% after President Donald Trump described his decision on Iran as a "solid 50/50" between a diplomatic deal and military strikes. The move came as prediction market Polymarket saw over $154 million in bets on whether the U.S. and Iran will reach a permanent peace deal this year.

Trump's 'solid 50/50'

Trump made the comment during a brief exchange with reporters. "It's a solid 50/50," he said. The remark offered no clear direction — just a blunt acknowledgment that both options are on the table. Markets tend to prefer certainty, but Trump's ambiguity left traders guessing. The phrase itself became the headline, and crypto traders reacted within minutes.

Polymarket's $154 million bet

The total amount wagered on Polymarket's "US-Iran permanent peace deal in 2026" contract now exceeds $154 million. That makes it one of the largest political bets on the platform this year. Thousands of users have piled in, treating the geopolitical question as a binary event. The contract's implied probability shifted slightly after Trump's remarks but remains near 50% — the same coin flip Trump described.

Bitcoin's 1.5% pop

Bitcoin had been hovering below $77,000 for much of the day. The 1.5% gain pushed it past that level. The move followed directly after Trump's comments, suggesting markets interpreted the "50/50" as less hawkish than some had feared. Still, the gain was modest — a sign that no one is betting the house on a deal yet. For crypto, which often moves 5-10% on a single headline, Friday's bump was more of a nudge than a breakout.

The $154 million question

The Polymarket contract won't settle until a permanent peace deal is signed — or until 2026 ends without one. That leaves months of uncertainty. For now, the market is pricing in a coin flip, same as Trump. The $154 million locked in the contract means real money is riding on the outcome. If a deal happens, those who bet "yes" win big. If not, the "no" side collects. Either way, the crypto market is watching.

There's no deadline for a decision. Trump said it's 50/50. Polymarket says $154 million. That's all anyone knows right now.