2024

Biden

Joe Biden

A recent New York Times report has sparked significant speculation on Polymarket, where odds of President Joe Biden dropping out of the 2024 race surged to nearly 80%. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 There's now a 79% chance Biden drops out. <a href="https://t.co/SyZNJf62FN" target="_blank">pic.twitter.com/SyZNJf62FN</a>— Polymarket (@Polymarket) <a href="https://twitter.com/Polymarket/status/1808518467219255396?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 3, 2024</a>
 </blockquote> 
 </div>
</figure> 
Polymarket’s “Biden drops out of presidential race?” chances shot up from 55% to over 80% in response to the New York Times story. Nearly $10 million has been wagered on this market, indicating increased investor interest in the wake of Biden’s recent debating performance versus Trump. 
Concerns over Biden’s electability intensified after a lackluster debate performance, fueling speculation supported by remarks from an unnamed ally about Biden’s awareness of his precarious political position. 
Many pundits in Washington have minimized Biden’s chances of beating Trump in the 2024 election following a poor debate that highlighted his advanced age. However, as of right now, The New York Times is claiming that Biden believes his chances of winning are dwindling. 
The New York Times <a href="https://www.nytimes.com/2024/07/03/us/politics/biden-withdraw-election-debate.html" target="_blank" rel="noreferrer noopener nofollow">cited</a> an unidentified ally as saying of Biden, “He knows if he has two more events like that, we’re in a different place.” 
A White House spokesperson refuted the New York Times <a href="https://x.com/AndrewJBates46/status/1808515890004050293" target="_blank" rel="noreferrer noopener nofollow">report </a>on X, dismissing it as false and attempting to quell the growing speculation. 
The increase in the likelihood that Biden will resign highlights deeper concerns about his candidacy’s viability among voters and inside the Democratic Party. If Biden decides to leave, the 2024 presidential contest may be drastically altered, maybe leading to the rise of fresh Democratic competitors. 
As speculation grows, Biden’s next moves will be crucial for the 2024 election, highlighting the important decisions ahead for his candidacy and the Democratic Party. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/07/03/politify-memecoins-surge-amid-biden-withdrawal-speculation/" target="_blank" rel="noreferrer noopener">Politify Memecoins Kamala Horris surges 285%!!! Here’s Why</a> 
</blockquote>

Biden Dropout Odds Surge to 80% on Polymarket After NYT Report

The Crypto Times

Other articles published on Jul 3, 2024

Ethereum Down More Than 3% Within 24 hours

Crypto's Active Uses Limited To Bitcoin Hodling And Meme Coin Gambling, Trader Questions Real Wor...

Judge Rules Binance’s BNB Sales Are Not Securities Upholding Ripple XRP Ruling; This New Altcoin ...

BlockDAG Unleashes Dev Release 61 with a Groundbreaking Transactions Page, Presale Sprints To 130...

Mengenal DASIA, Platform Pemasaran Digital Berbasis Teknologi AI dan Blockchain

Top 5 Low-cap Layer 1 Altcoins To Focus on in 2024

Join our free newsletter for daily crypto updates!