Donald Trump

Bitcoin

Lean

<ul>
 <li>Harris and Trump are tied at 49% on Polymarket after the debate, with Harris’ odds rising from 46% and Trump's falling from 52%.</li>  
 <li>Bitcoin's price briefly spiked above $58,000 during the debate but fell to around $56,700, currently trading at $56,797.</li>  
 <li>Despite the debate's focus, crypto issues were not addressed, and Bitcoin remains a passive observer amid broader market uncertainties.</li> 
</ul>  
<p>Donald Trump and Kamala Harris have the same odds on Polymarket, a cryptocurrency-based prediction platform. This came about after the first and probably final presidential debate prior to the election in November. According to Polymarket, which has a $860 million market, both candidates were locked in with a 49% chance of winning.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/Polymarket/status/1833698427953156425
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<p>Notably, this is a substantial change from the previous prediction. On Monday, <a href="https://cryptonewsland.com/harris-deprioritizes-crypto-as-trump-surges-on-polymarket-with-52/" target="_blank" rel="noopener noreferrer nofollow">Trump led</a> with 52%, and Harris had 46% of the vote. The debate included hot-button issues like abortion rights and the Gaza War, but it noticeably omitted crypto.</p>  
<h2 class="wp-block-heading" id="h-bettors-lean-toward-harris-post-debate"><strong>Bettors Lean Toward Harris Post-Debate</strong></h2>  
<p>Polymarket bettors appeared to prefer Harris's performance during the debate. Official polls are still pending, but the platform predicted that Harris would win the debate 94% of the time.&nbsp;</p>  
<p>On the other hand, Trump was previously thought to have a <a href="https://cryptonewsland.com/donald-trump-reaffirms-crypto-leadership-ambition/" target="_blank" rel="noopener noreferrer nofollow">stronger</a> position in the cryptocurrency space, so this increase in favorability signals a change in public opinion. However, Harris has started interacting with the cryptocurrency industry but has not made a decision yet.</p>  
<p>Although the debate did not address cryptocurrency-related topics, Presto Research analyst Min Jung noted that the increasing odds in Harris' favor might be seen as less positive for the market. Market players and traders are keeping a close eye on these developments as they consider the possible ramifications for the industry.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  https://twitter.com/PrestoResearch/status/1833729929713991799
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</figure>  
<h2 class="wp-block-heading" id="h-bitcoin-observes-but-stays-quiet"><strong>Bitcoin Observes But Stays Quiet</strong></h2>  
<p>Notably, during the course of the political debate, Bitcoin experienced a brief price spike above $58,000 before plunging to $56,700. The Coinmarketcap price page indicates that the price of Bitcoin is $56,423 as of the time of writing this article</p>  
<p>Moreover, head of APAC business development at cryptocurrency market maker Keyrock, Justin d'Anethan, observed that Bitcoin acted more like a "dispassionate observer" during the debate. He pointed out that general market trends, influenced by things like inflation and interest rate uncertainty, continue to affect Bitcoin and other risk assets.</p>  
<p>Additionally, D'Anethan claims that the debate might have established the tone for the upcoming election, which will probably pit two opposing ideas about the direction of America. However, a significant political or macroeconomic development could act as a catalyst for movement in Bitcoin and the cryptocurrency market as a whole.&nbsp;</p> 
<p>The post <a href="https://cryptonewsland.com/harris-odds-on-polymarket-match-trumps-after-debate-no-crypto-mention/" rel="noopener noreferrer nofollow">Harris’ Odds on Polymarket Match Trump’s After Debate, No Crypto Mention</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Harris’ Odds on Polymarket Match Trump’s After Debate, No Crypto Mention

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