U.S. Vice President Kamala Harris has overtaken former President Donald Trump in the odds for the upcoming presidential election, according to Polymarket. Over the weekend, Harris’ chances surged to 52%, flipping the earlier trend where Trump had a dominant lead.
Trump’s odds have dramatically fallen from 70% in mid-July to 45% today. The shift occurred just as the U.S. election results have become the most heavily traded prediction in Polymarket, with over $572 million in volume.
Harris’ team strategically engages with the crypto industry, which has gained prominence in this election cycle. Despite Trump’s frequent endorsements of Bitcoin and his pro-crypto stance, Harris and her running mate, Tim Walz, have yet to address cryptocurrency issues publicly.
Walz’s tenure as governor saw legislation regulating cryptocurrency kiosks in Minnesota, highlighting a background in crypto policy.
A town hall hosted by Crypto4Harris, a grassroots organization, is set for Wednesday. The event will feature key figures from the crypto world, including Sheila Warren, CEO of the Crypto Council for Innovation, and billionaire investor Mark Cuban.
The initiative aims to rally support for Harris while advocating for policies that could position the U.S. as a leader in digital assets.
In contrast, Trump has expressed skepticism about the U.S. selling cryptocurrency, urging instead for a focus on building it. He emphasized in a recent interview with Adin Ross that other nations, particularly China, are advancing in the crypto space.
Adding to the drama, Elon Musk is scheduled to have a live conversation with Trump on X at 8:00 p.m. ET today, which is likely to stir further speculation and interest in the evolving political and crypto landscape.
Also Read: Trump Jr. to Launch Crypto Platform, to “Take on” Banks
