As Trump and Harris Battle On, the Crypto Industry Tries to Swing the Election

Former U.S. President Donald Trump’s odds of winning the 2024 U.S. presidential election have surged, hitting a two-month high, according to leading prediction market Polymarket. As of the latest figures, Trump holds a 55.8% chance of victory, while Vice President Kamala Harris trails with 43.8%. These percentages reflect the sentiments of traders who have collectively wagered over $1.6 billion on the outcome of the November election. 

Source: Polymarket

Trump’s rise in the odds follows the announcement by President Joe Biden that he would not seek reelection, leaving Harris as the presumptive Democratic nominee. Other prediction platforms, such as Kalshi and PredictIt, also show Trump leading. Kalshi, which recently gained…

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