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Presumptive Democratic candidate Kamala Harris and Republican candidate Donald Trump are currently tied in a Polymarket wager forecasting the winner of the 2024 U.S. presidential election, as indicated by the prediction market’s website.
Polymarket Bet Indicates Candidates Are Equal
A wager titled “Presidential Election Winner 2024” shows Trump and Harris both at 49 percent of the vote.
The remaining 2 percent of votes have been allocated to several prominent U.S. political figures with low chances of winning this year’s election, as some are not even in the race. This group includes former first lady Hillary Clinton, Senator Elizabeth Warren (D-MA), and third-party candidate Robert F. Kennedy Jr.
The Wall Street Journal reports that Trump occasionally lagged behind Harris by a full percentage point on Thursday, marking the first instance he has officially trailed the current U.S. vice president since the prediction market polling commenced.
However, it is not solely Polymarket betting trends that the former reality television star must consider.
Harris is currently leading in several recent national polls, a first since U.S. President Joe Biden announced his exit from the race last month.
The two candidates for the Oval Office will face off in a televised debate on ABC News on September 10, representing the first debate between the two leading challengers following Biden’s poor performance against Trump last June.
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Crypto Politics Heat Up in Trump, Harris Contest
With 20% of voters in this year’s swing states indicating that cryptocurrency is a significant factor in their candidate selection, digital assets are already playing an essential role in this election cycle.
Trump has consistently positioned himself as the crypto-friendly candidate, expressing to audiences at Bitcoin Conference 2024 in Nashville last month his ambition to establish the United States as the “crypto capital of the planet.”
Nevertheless, recent initiatives from a Democratic crypto collective supporting Harris may challenge Trump’s firm hold on the blockchain sector overall.
Crypto is building a movement to support Kamala Harris. A coalition of industry leaders, policy experts, and everyday crypto-enthusiasts is organizing to endorse Harris while advocating for a nuanced policy approach that positions America as a leader in digital assets.
— Crypto4Harris (@Crypto4Harris) August 6, 2024
The newly formed Crypto For Harris campaign is set to conduct its inaugural town hall next Wednesday, featuring billionaire Mark Cuban, former White House communications director Anthony Scaramucci, and several prominent U.S. lawmakers, where they are anticipated to discuss how members of the digital asset community can assist Harris ahead of November.
“Crypto is building a movement to support Kamala Harris,” stated the digital asset group in an August 6 X post. “A coalition of industry leaders, policy experts, and everyday crypto-enthusiasts is organizing to endorse Harris while advocating for a nuanced policy approach that positions America as a leader in digital assets.”
Whether cryptocurrency will influence the presidential candidates’ deadlock remains to be determined.
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