Recent developments have shown a correlation between the odds of former President Trump winning the next election and the price of bitcoin and other cryptocurrencies. Trump’s chances of winning have been decreasing, mirroring the decline in bitcoin prices.
At one point, Trump’s odds dropped to less than 53%, with his running mate, Harris, rising to above 47%. This shift was accompanied by a drop in bitcoin prices, which fell to as low as $67,600. However, both Trump’s odds and bitcoin prices have rebounded slightly since then.
Currently, Trump’s chances of winning stand at 56%, while the price of bitcoin is at $68,300. This represents a decrease of more than 2% in the past 24 hours.