[Data: Prediction Market Trading Volume Reaches Record High of $123 Billion in October, Up 57.5% Month-over-Month] Data released by CryptoRank shows that prediction market trading volume reached $123 billion in October, a record high for a single month, representing a 57.5% increase month-over-month and more than doubling compared to August. Of this, the sports market accounted for $26 billion, the cryptocurrency market for approximately $14 billion, and the political market for over $800 million, a 43% increase month-over-month, primarily driven by the US midterm elections on November 3rd.