According to @StockMKTNewz, Kalshi’s prediction market currently implies just a 10% chance that the S&P 500 will cross above 7,000 in 2025. Source: @StockMKTNewz; Kalshi. On Kalshi, Yes contract prices map directly to market-implied probabilities, so a 10% probability corresponds to roughly $0.10 per contract. Source: Kalshi. Crypto traders track these equity odds because Bitcoin has shown increased correlation with U.S. equities since 2020, making equity risk signals relevant for digital asset sentiment. Source: IMF 2022; BIS 2022.