There Are Developments in Favor of the Cryptocurrency Market in the Trump-Harris Showdown

The latest data from prediction market Polymarket suggests that Vice President Kamala Harris' chances of winning the 2024 presidential election have fallen.

On August 18, both Harris and former President Donald Trump were given an equal 49% chance of winning the presidency. Despite this shift, Republican vice presidential candidate J.D. Vance said internal data showed Harris’ support had stabilized.

In parallel, a new poll by ABC News, The Washington Post and Ipsos shows Harris with a narrow lead among registered voters. The online poll, conducted August 9-13, found that 49% of registered voters support Harris, while 45% support Trump. The survey included 2,336 American adults, including 1,901 registered voters.

The US elections are also extremely important for the cryptocurrency market. There are rumors that Donald Trump's victory will be better for the cryptocurrency sector. Trump recently attended the Bitcoin Conference and gave a very bullish speech. He also promised to recognize Bitcoin as the country's national reserve currency if elected President.

*This is not investment advice.