{"id":28962,"date":"2024-09-11T17:00:49","date_gmt":"2024-09-11T14:00:49","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=28962"},"modified":"2024-09-11T12:57:43","modified_gmt":"2024-09-11T09:57:43","slug":"kamala-harris-tied-with-trump-on-polymarket-after-debate","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/kamala-harris-tied-with-trump-on-polymarket-after-debate\/","title":{"rendered":"Kamala Harris Tied with Trump on Polymarket After Debate"},"content":{"rendered":"

Following the presidential debate on Tuesday night, U.S. Vice President Kamala Harris’s<\/strong> chances of winning the next November election on crypto-based prediction site Polymarket<\/strong> <\/a>climbed. Currently on Polymarket’s<\/strong> $860 million market, Harris<\/strong> and former president Donald Trump<\/strong> are tied.<\/p>\n

Before the election, Tuesday night witnessed the first and most likely last presidential discussion between Harris and Trump<\/strong>, whereby several recurring issues, including the war in Gaza and abortion rights, were debated, with no reference to cryptocurrency. Polls, which are yet unpublished, show that Polymarket’s<\/strong> beters on Harris<\/strong> had a 94% chance of winning tonight’s debate.<\/p>\n

On Polymarket, Harris’s<\/strong> chances of winning the presidential contest jumped from 46% Monday night to 49%; Trump’s<\/strong> chances dropped from 52% to 49%. While Harris<\/strong> has begun interacting with the crypto space, Trump<\/strong> has been outspoken in voicing pro-crypto viewpoints; she has not yet taken a firm position on the sector.<\/p>\n

\"\"<\/p>\n

Bitcoin sank to lows of roughly $56,700 throughout the discussion, but momentarily rose above the $58,000 mark and stayed at higher levels in the hours preceding the debate. Right now, it trades for $56,503.<\/p>\n

Head of APAC business development of cryptocurrency market maker Keyrock Justin d’Anethan claimed that as the argument progressed, bitcoin was more of a dispassionate observer. \u201cThe crypto market is watching but not reacting\u2014at least, not yet. Bitcoin continues to behave like any other risk asset, moving in tandem with tech stocks and growth equities, searching for direction amidst a cocktail of inflation fears, rate uncertainty, and global political turbulence.\u201d<\/em><\/p>\n

“The debate itself is surely a momentous event that shapes the tone for the probably conflict between two different visions of America’s future<\/em>,” d’Anethan said. \u201cFor bitcoin, though, it will need something more concrete. As things stand, bitcoin seems to be waiting for a catalyst\u2014a jolt from either the macroeconomic front, like an unexpected change in Fed policy, or something seismic from the political arena, such as a scandal or a surprising turn in election polling.\u201d<\/em><\/p>\n

 <\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em>the latest\u00a0news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Following the presidential debate on Tuesday night, U.S. Vice President Kamala Harris’s chances of winning the next November election on crypto-based prediction site Polymarket climbed. Currently on Polymarket’s $860 million market, Harris and former president Donald Trump are tied. Before the election, Tuesday night witnessed the first and most likely last presidential discussion between Harris<\/p>\n","protected":false},"author":6,"featured_media":28971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1730,7199,3014],"class_list":["post-28962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-donald-trump","tag-kamala-harris","tag-polymarket"],"yoast_head":"\nKamala Harris Tied with Trump on Polymarket After Debate - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/kamala-harris-tied-with-trump-on-polymarket-after-debate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kamala Harris Tied with Trump on Polymarket After Debate - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Following the presidential debate on Tuesday night, U.S. Vice President Kamala Harris’s chances of winning the next November election on crypto-based prediction site Polymarket climbed. 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