Crypto Bettors Lose Big as Trump Fails to Mention Bitcoin During Musk Interview, "Tampon Bros" Win Big

Price data from Decrypt’s Art, Fashion, and Entertainment Hub shows the latest trends in cryptocurrency betting. Recently, a new gambling trend popped up. It revolves around predicting the exact words and phrases that former President Donald Trump would use during a Twitter Spaces interview with Elon Musk.

This betting opportunity grabbed a lot of attention. Users on Polymarket created a betting pool on what topics might come up during their conversation. Leading up to the interview, many bettors felt confident that Trump would mention certain buzzwords like MAGA, Tesla, and censorship.

Hours before the event, crypto became the top betting option, with 63% odds of being mentioned. Enthusiastic participants from all over the world tuned in to Musk’s Spaces, eager to hear Trump’s words during this high-stakes game. In total, Polymarket users wagered nearly $5 million on the conversation.

But in true Crypto Twitter fashion, the Spaces faced some technical difficulties. It took about 35 minutes for the team to sort everything out. Once the connection was established, Trump spoke for two hours but surprisingly did not mention crypto at all. Many bettors were left disappointed.

Interestingly, one unexpected highlight of the night was the word “tampon.” Trump mentioned it while discussing a law about feminine hygiene products in Minnesota schools. This word skyrocketed from about 7% odds to a significant win for those betting on it, known as “Tampon bros” on Polymarket.

The “Trump Bingo” trend didn’t stop with the Musk interview. Millions were wagered again on what Trump would say during a Thursday press conference. This time, bettors seemed to adjust their expectations. The odds of “crypto” being mentioned dropped to just 16%. Once again, Trump didn’t reference the industry, and the “tampon bros” celebrated yet another victory.

On Crypto Twitter, notable discussions emerged over the weekend. Bitcoin critic Peter Schiff warned about a potential “Crypto black Monday” as Bitcoin fell below $58,000. He pointed out that if it dropped below its July low when the U.S. stock market opened, Bitcoin ETFs could see a significant gap down.

Despite hopes for a positive outcome after Trump’s speech at Bitcoin Nashville, the week turned out to be tough for Bitcoin. It ended down over 10% and fell below $60,000 amid rising liquidations and growing concerns about a U.S. recession. The debate continued on Crypto Twitter about the significance of Trump’s support for cryptocurrency and what it means for the market.

Excitement on Crypto Twitter persisted after Trump addressed Bitcoin Nashville. He outlined campaign promises aimed at appealing to Bitcoin fans and crypto investors. Although his speech started an hour late and was a bit scattered, he expressed ambitions for the U.S. to become the leading crypto capital globally. This generated a lively response from the audience.