[Opinion: Prediction Markets Become 'Real-Time Radar' for Geopolitical Risks, Iran Situation Bets Drive Bitcoin Volatility] Odaily Planet Daily News – Sygnum Bank Chief Investment Officer Fabian Dori analyzed that during the escalation of the Iran conflict, prediction markets are rapidly evolving into a 'real-time radar' for traders to monitor macro risks. Platforms such as Polymarket and Kalshi have seen rapid repricing of the probability of whether the U.S. will escalate the conflict, showing a direct correlation with Bitcoin price movements. Prediction markets use real funds to price the outcomes of 'specific events,' providing more differentiated signals for crypto markets driven by binary events such as regulatory changes, geopolitical developments, and protocol upgrades. Data shows that prediction markets recorded approximately 191 million trades in March, a year-on-year increase of 2838%, with monthly nominal trading volume rising to about $23.9 billion. Some professional trading teams have already incorporated prediction markets into their macro analysis frameworks, using them alongside indicators such as funding rates, options structures, and capital flows to develop trading strategies ahead of events. (Cointelegraph)