Source: CoinWorld
Author: Web3 Sniffing Observation
Yesterday, Trump and Musk's public conversation at X Space attracted much attention. This was also Trump's latest interview. The two-hour conversation attracted more than 1.3 million listeners.
During the X Space conversation, Trump and Musk discussed a number of topics, including the shooting attempt, immigration policy, praise for Musk and Tesla, and the impact of inflation on the U.S. economy. Musk also said that he would play a role in cutting federal spending in the future government. Unfortunately, I thought the two would mention Bitcoin or cryptocurrency, but there was no mention of this topic in the entire conversation.
During the conversation, real-time betting was also triggered on Polymarket . Data during the period showed that bettors believed that the probability of " cryptocurrency " being mentioned in the interview was 65% , and the amount of bets exceeded $ 600,000 . Another market predicted the possibility of " Bitcoin " being mentioned, and the probability peaked at 69% , with about $ 330,000 involved. However, since these contents were not mentioned in the interview, these predictions failed to come true. Polymarket 's rules stipulate that if the prediction comes true, each share will be paid $ 1 in USDC stablecoin, otherwise the payment will be zero.
With less than three months to go until the US presidential election on November 5 , the election situation of the two party candidates is changing significantly. Vice President Kamala Harris 's support rate in the 2024 presidential election has risen rapidly and has surpassed Trump.
Polymarket data shows that Harris's chances of winning have risen to 53% , 8% ahead of Trump. Since Biden dropped out of the race and Harris became the Democratic presidential candidate, her support has soared, while Trump's chances of winning have dropped sharply from 70% in mid -July to 45% .
In addition, the predictions in the 2024 poll ( Popular Vote Winner 2024 ) show that Harris has a 78% chance of winning, while Trump has only 22% .
This trend has attracted widespread attention in the crypto market. According to Alex Thorne , head of research at Galaxy , if Harris wins, her crypto policy may continue the Biden administration's hostile attitude towards cryptocurrencies, which is undoubtedly unfavorable for the market.
Harris's advisory team also hinted that she might take stricter regulatory measures in areas such as stablecoins. However, so far, Harris and her running mate Tim Waltz have not publicly discussed cryptocurrency-related issues.
On August 14 , Bernstein pointed out in its latest research report that if Trump wins the US election in November , it will be beneficial to the cryptocurrency market, while Harris’ victory may put pressure on the market.
The change in the political situation also affected the performance of Trump-related concept meme tokens. As of 3:30 p.m. on August 14 , the MAGA ( TRUMP ) token fell 1.5% in 24 hours, and the MAGA (MAGA) token fell 2.5% .
This year, cryptocurrency has become a focal issue in the US election. As the US election approaches, the volatility of the cryptocurrency market is expected to increase further. Investors need to pay close attention to political trends and their potential impact on the market, and remain cautious in the face of market volatility.
