Trump’s Lead over Harris on Polymarket Widens, Reaching Early August Levels
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...
Donald Trump’s lead over Kamala Harris on Polymarket, a popular betting platform for political events, has widened significantly as the 2024 U.S. presidential election draws nearer.
After a period of near parity in mid-August, Trump’s odds have surged ahead.
As of now, 53% of bettors on Polymarket favor Trump, while 47% are backing Harris, reaching levels seen in early August.
The recent shift marks a notable comeback for Trump, who experienced a dip in support after President Joe Biden announced he would not seek re-election.
Biden’s decision briefly boosted Harris’s chances, but Trump’s current surge has brought him back to early August levels.
However, his current odds still fall short of the 72% peak he reached following the Bitcoin 2024 conference in late July.
Trump’s growing support among crypto investors is considered a key factor in his resurgence.
Trump's odds continue to rise.
He's now up by 7%. pic.twitter.com/z9Qz7JFMoQ
His pro-crypto stance, including promises to back the Bitcoin sector and blockchain initiatives, has resonated with this demographic.
On August 27, Trump announced his fourth NFT collection, “Series 4: The America First Collection,” offered via Bitcoin Ordinals.
He followed up by stating that he aims to make the U.S. the “crypto capital of the planet” if re-elected.
In contrast, Harris has struggled to maintain momentum on Polymarket, particularly after the Democratic National Convention, where cryptocurrency was notably absent from the agenda.
As reported, betting odds on Polymarket started shifting in
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