Over the weekend, U.S. Vice President Kamala Harris’s odds of winning the upcoming presidential election surpassed those of former President Trump on the decentralized prediction market platform Polymarket. Harris’s odds have now risen to 52%, while Trump’s odds have dropped sharply from 70% in mid-July to 46%. Harris reversed Trump’s lead on Saturday, which attracted widespread attention.
The U.S. presidential election prediction market on Polymarket remains the most actively traded market on the platform, with the current total trading volume exceeding US$572 million.
In the past few months, cryptocurrency has become an important topic in election discussions, and the Harris team has also begun to actively engage with the crypto industry. Although Harris and her running mate Tim Waltz have not yet made a clear statement, their team's interaction with the crypto industry has become more and more frequent. In contrast, Trump has consistently supported Bitcoin and reiterated his position on multiple occasions.
Harris and her running mate, Tim Waltz, have yet to speak publicly about cryptocurrencies. During Waltz’s tenure as governor, Minnesota enacted legislation to strengthen regulation of cryptocurrency kiosks, according to the American Association of Retired Persons (AARP).
The grassroots group Crypto4Harris is expected to hold a town hall meeting on Wednesday, with speeches from a number of crypto industry leaders, including Crypto Innovation Council CEO Sheila Warren and billionaire Mark Cuban.
Crypto4Harris wrote in the X post: “Crypto is building a movement to support Kamala Harris . A group of industry leaders, policy experts, and everyday crypto enthusiasts are organizing to support Harris while pushing for a nuanced policy position to make the United States a leader in digital assets.”
Last week, Republican presidential candidate Donald Trump said the United States should not sell its cryptocurrency. "They shouldn't do that because they should be working on building a cryptocurrency. And if we don't do it, China will do it, other places will do it, and they will do it anyway," Trump said in an interview with Ading Ross.
In addition, Tesla founder Elon Musk plans to have a live conversation with Trump on Monday, further sparking public attention to the upcoming presidential election. Will this trigger related crypto market trends or new meme opportunities? Mars Finance will continue to report for you!
