Kamala Harris’ Election Odds Increase on Polymarket After Tuesday Night Debate
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Vice President Kamala Harris’ chances of winning the upcoming U.S. presidential election have surged on Polymarket following her debate with former President Donald Trump on Tuesday night.
As of now, Harris and Trump are locked in a tie, each holding a 49% probability of victory on Polymarket’s $860 million prediction market.
Tuesday’s debate, the first and likely the last between Harris and Trump before the November election, touched on key national issues such as the war in Gaza and abortion rights.
Notably, cryptocurrency was absent from the topics of discussion, despite growing interest in its potential regulation.
Despite this, bettors on Polymarket gave Harris a significant advantage, with 94% believing she won the debate, although official polls are yet to be released.
In the 24 hours leading up to the debate, Harris’ odds on Polymarket rose from 46% to 49%, while Trump’s slipped from 52% to 49%.
Harris is now tied with Trump.
His odds are down 3% since the debate started. pic.twitter.com/hmFDNqdDgW
Trump has been outspoken about his support for the cryptocurrency sector, whereas Harris, while engaging with the industry, has not yet taken a definitive stance on the matter.
Bitcoin’s price mirrored the unfolding debate, experiencing a slight fluctuation.
In the hours leading up to the event, Bitcoin briefly climbed above $58,000, but as the debate progressed, it dipped to around $56,700.
It has since stabilized at $56,797.
Justin d’Anethan, head of APAC business development at crypto market maker Keyrock, observed that the
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