Recent data from Polymarket shows that Vice President Joe Biden’s running mate, Kamala Harris, has seen her odds of winning the election rise to almost 39%, up from 33% on Oct. 30. On the other hand, President Donald Trump’s odds have dropped, indicating lower expectations of him securing a victory. Despite this, Trump remains the favored candidate with a 61% chance of winning.
Some analysts believe that Friday’s slide in the crypto market can be attributed to Trump’s declining odds on Polymarket. The CoinDesk 20 Index (CD20) has fallen by 4.4% in the past 24 hours, reflecting the uncertainty and volatility surrounding the upcoming election.
