Markets· ★★· neutral·

Kalshi traders price Flávio Bolsonaro at 83% to win Brazil presidency

  • —Bolsonaro's Kalshi contract climbed to about 83% ahead of the Oct. 25 runoff
  • —The sharp move followed Bolsonaro edging past Lula
  • —Brazil's runoff vote is set for October 25
Why it matters: Prediction markets are increasingly used as a real-time gauge of political risk that shapes crypto regulation in Latin America.
Source: Seeking Alpha Crypto