Kamala Harris Surges to 52% in Election Odds as Crypto Takes Center Stage
The odds of Kamala Harris winning the upcoming U.S. presidential election have surpassed those of Donald Trump, according to Polymarket, a decentralized prediction market platform.
As of today, Harris’s chances have risen to 52%, while Trump’s likelihood of victory has dropped to 46%, down from 70% in mid-July. This shift in probabilities occurred just this past Saturday.
The U.S. presidential election remains the largest prediction market on Polymarket, with a current trading volume exceeding $572 million.
Harris’s team has begun engaging with the cryptocurrency sector, which has become a significant topic in the election discourse over recent months. In contrast, Trump, currently a known supporter of cryptocurrencies, has repeatedly endorsed Bitcoin on various occasions.
Harris and her running mate, Tim Walz, have yet to publicly address cryptocurrencies. However, during Walz’s tenure as governor of Minnesota, the state enacted legislation to enhance the regulation of cryptocurrency kiosks, as reported by AARP.
Moreover, Crypto4Harris, a popular organization supporting Harris, is scheduled to host a town hall meeting on Wednesday. The event will feature several prominent figures from the cryptocurrency industry, including Sheila Warren, CEO of the Crypto Council for Innovation, and billionaire Mark Cuban.
In a recent post on X, Crypto4Harris stated that cryptocurrencies are building a movement to support Kamala Harris. The group emphasized that a coalition of industry leaders, policy experts, and cryptocurrency enthusiasts is working daily to support Harris while advocating for a precise political stance that positions America as a leader in digital assets.
Last week, Republican presidential candidate Donald Trump voiced his opinion against the U.S. selling its cryptocurrencies. In an interview with Aiden Ross, Trump remarked, “It’s something they shouldn’t do because they should try to build it. If we don’t, China will do it, and other places will do it anyway.”
