
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