Trump’s Lead Over Harris on Polymarket Weakens
Polymarket data reveals that Republican presidential nominee Donald Trump’s lead over his Democratic opponent, Vice President Kamala Harris, has weakened but remains dominant. The odds for Trump declined from 66.9% to 54%, while Harris saw an increase from 33.5% to 46.1%. This shift in market sentiment comes as Election Day approaches.
Recent Polls and Market Predictions
The latest Des Moines Register/Mediacom poll shows Harris leading Trump in Iowa by three percentage points. This marks a significant change from previous polls, indicating a shift in momentum. Additionally, Polymarket predictions and state polls continue to show volatility, influencing the crypto market.
Candidates’ Crypto Stances
Trump has expressed strong support for cryptocurrency, with a commitment to back it publicly and accepting crypto donations. On the other hand, Harris has taken a more measured approach, stating her administration would support crypto to enhance economic competitiveness. These differing stances have implications for the crypto community.
Bitcoin’s Price Reaction
Amid the political uncertainties, Bitcoin’s price dropped to $68,000, reflecting the global crypto market’s 1.95% decrease. Despite the drop, Bitcoin managed to climb above $68,000, while Ethereum also experienced a decline. The fluctuating political landscape continues to impact the crypto market.
