Harris takes lead over Trump on Polymarket’s $572 million prediction market for next US president
Quick Take
- Polymarket bettors have pushed the odds of Harris winning the November election to 52%.
- Elon Musk is set to have a live conversation with Trump on Monday.
The odds of U.S. Vice President Kamala Harris winning the upcoming presidential election have surpassed those of Donald Trump on Polymarket, a decentralized prediction market platform, over the weekend.
Harris’ odds of winning the November election rose to 52% on Polymarket today, while Trump’s chances of being elected dropped to 46% from 70% in mid-July. Harris flipped Trump’s odds of winning on Saturday.
The U.S. election results remained the biggest prediction market on the platform, with its volume currently reaching over $572 million.
Harris’ team has started reaching out to the crypto industry as cryptocurrency has become a part of the election discussions over the past few months, and her pro-crypto rival Trump has reiterated his support for bitcoin on various occasions.
Harris and her running mate Tim Walz have not yet openly addressed crypto. Minnesota enacted legislation to strengthen regulation of cryptocurrency kiosks during Walz’s tenure as governor, according to AARP.
Grassroots organization Crypto4Harris is expected to host a town hall on Wednesday. Several crypto industry leaders, including Crypto Council for Innovation CEO Sheila Warren and billionaire Mark Cuban, will speak.
“Crypto is building a movement to support Kamala Harris,” Crypto4Harris wrote in an X post. “A group of industry leaders, policy experts, and everyday crypto-enthusiasts are organizing to back Harris while pushing for a nuanced policy stance that positions America as a leader in digital assets.”
Last week, Republican presidential nominee Donald Trump said that the U.S. shouldn’t sell its cryptocurrency. “It's something they shouldn't be doing because they should be trying to build it,” Trump said in an interview with Adin Ross. “If we don’t do it, China’s doing it, and other places are doing, and they’re doing it anyway.”
Elon Musk is set to have a live conversation with Trump on X at 8:00 p.m. ET on Monday, according to Musk.
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