Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Harris’s Polymarket Odds Rise to Tie with Trump After Debate
ADOPTION NEWS

Harris’s Polymarket Odds Rise to Tie with Trump After Debate

By Crypto FlexsSeptember 11, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Harris’s Polymarket Odds Rise to Tie with Trump After Debate
Share
Facebook Twitter LinkedIn Pinterest Email

After Tuesday night’s presidential debate, cryptocurrency-based prediction platform Polymarket has increased the odds that Kamala Harris will win the upcoming November election. Harris and former President Donald Trump are currently tied in Polymarket’s $860 million market.

Tuesday night marked the first and final presidential debate between Harris and Trump before the election, with several recurring topics discussed, including the Gaza war and abortion rights. No mention of cryptocurrencyPolymarket’s bookmakers have Harris at 94% chance of winning tonight’s debate, according to their poll, but the results of the poll haven’t been released yet.

Harris’s odds of winning the election have risen from 46% on Monday night to 49% on Polymarket, while Trump’s odds have fallen from 52% to 49%. Trump has been vocal in his support of cryptocurrencies, and Harris has begun engaging with the crypto sector, but has yet to take a firm stance on the industry.

Min Jeong, an analyst at Presto Research, told The Block that while crypto wasn’t specifically mentioned in the discussion, Polymarket is making the odds in Harris’ favor. “This could be less favorable for the crypto market,” he said.

Bitcoin briefly broke above $58,000 and held higher for several hours before the debate began, but fell to a low of around $56,700 during the debate. It is currently trading at $56,797. Bitcoin price page on the block.

Justin d’Anethan, head of APAC business development at crypto market maker Keyrock, said Bitcoin is more of a “cold observer” as the debate unfolds. “The crypto market is watching but not reacting, at least not yet. Bitcoin, like other risk assets, is moving alongside tech and growth stocks, looking for direction amid a cocktail of inflation fears, interest rate uncertainty and global political turmoil.”

“The debate itself is undoubtedly a pivotal moment, setting the tone for a battle between two competing visions of the future of America,” d’Anethan added. “But for Bitcoin, it’s going to take something more concrete. As things stand, Bitcoin seems to be waiting for a catalyst: a shock on the macroeconomic front, such as an unexpected policy shift by the Federal Reserve, or a seismic shock in the political sphere, such as a scandal or a surprising turnaround in the polls.”

PoliFi Coin Drop

Trump and Harris-inspired PolitiFi coins have been down over the past hour. Super Trump (ticker: STRUMP), with a market cap of $13.8 million, is down 6.8% over the past hour, while Kamala Horris (KAMA) is down 5.7%, according to CoineGecko. data. MAGA (TRUMP) fell 0.2%.

“The market is taking a knee-jerk reaction to Harris’s better-than-expected performance in the debate so far,” said Peter Cheng, head of research at Presto. “This is evident in the timing of the big moves in PolitiFi Coin, which all began shortly after 9 p.m. ET, right when the debates began.”

Keyrock’s D’Anethan said that PolitiFi Coin could see some volatility spikes “as the aftermath of the debate continues and Twitter feeds boil over with partisan fervor.”

“Speculators may be able to capitalize on perceived sentiment shifts in the immediate aftermath, but in a world of low liquidity and reduced attention, such moves are likely to be fleeting at best,” d’Anethan added.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Current financial disclosures are as follows:

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025

AI starts a cost -effective batch API for LLM request.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025
Most Popular

BNB holders will be taken to the Raboo pre-sale. Analysts are keeping an eye on Pepe ATH.

June 9, 2024

Shibarium took a brief hiatus due to Shiba Inu’s Layer-3 blockchain ambitions.

April 23, 2024

HKMA celebrates transition of consumer credit services to credit data smart

November 30, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.